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Originally Posted by Pressing-On
I read this article the other day. It's very interesting.
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Jobs down, stocks up.....
yep, Jobs are a lagging indicator of a recession. in fact a lot of times, job cuts come after a recession is over.
in this case, i think it may be the beginning of the end of the recession.
while at the same time, the stock market is a leading indicator of recovery.
having said that, the stock bump might be a false signal right now. This government certainly has the ablily to really mess a recovery up.
this spending pig that has "recovery lipstick" all over it is a case in point.