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Recession is OVER!


Guest kawikaho

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Guest kawikaho

Manufacturing ISM is now above 50 and into expansion territory.  ISM crossing into 50 historical has marked the end of a recession.  Will the US double dip like it did in the early 80's?  Who knows.  Right now, the economic indicators are positive and likely have enough momentum to carry the economy into next year.  Pending home sales and actual sales have also risen for 6 straight months in a row. 

 

Definitely green shoots.

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