User 143879

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    • Sun Jul 6th 11:38 AM
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      Commented on:
      What Was Left Out of the Jobs Report
      WAKEUP --

      Sounds like you've been warning everyone on this site of what's in store for the U.S. for a long time. I'm new to this forum, but have been preparing for the worst for a long time -- despite all the optimistic outcomes being predicted by a majority of the so-called economic experts.
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    • Fri Jul 4th 09:38 AM
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      Commented on:
      What Was Left Out of the Jobs Report
      Mish is hitting the nail right on the head. The economy is definitely is a recession and I'm afraid it's going to be a fairly protracted one -- and tha'ts what the stock market is trying to tell us, even though we're overdue for a bounce lasting a couple of weeks.

      Astute bond expert Hoisington in Austin, Texas has been contending all year long that the U.S. economy is going into a recession that won't be over for a fairly long time. I think he's going to be right too even though long-term T-bonds have been taking a hit the last few months but are finally bouncing back somewhat. They've probably been spooked by inflation -- something that ought to begin subsiding if this recession gets a lot worse.

      Buddy
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