:: actio-et-reactio ::
amg's market charts and blather
The most recent news from ECRI, and what some say really sparked the reversal today, is that the economy is on the mend. But the guys famous for their two hands will equivocate, stating that
"the 0.2 percent rise in fourth-quarter GDP, following a 1.3 percent third quarter contraction, is so close to zero that the odds are nearly 50 percent that when it is revised, the final number could turn out to be negative."The double-dip recession suggested by Byron Wein and Steven Roach of MSDW, among others, may end up being, errr, a technical revision to the one we just exited, so they say with their other hand waving.
|
moon phases |
At last, over the rim
of the waiting earth
the moon lifted with
slow majesty
till it swung clear of the horizon and rode off,
free of moorings
- Kenneth Grahame,
The Wind in the Willows
blather: nonsensical talk.
At times my analysis log, at times sharing what I've learned. Always my own work and views.
Content: amg
Basis: glish & bluerobot
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