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Is the US in real trouble? We're about to find out

Despite a series of economy data points that would seem to indicate that US growth has been slowing, investors may be waiting before they get worried. But if data comes in weak over the next two weeks, the wait could be over.
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"This week's going to be an interesting one, because the economic data that's come out has been a little goofy, and yet the market just keeps pushing higher here," said Brian Stutland of the Stutland Volatility Group.

Indeed, the S&P (^GSPC) booked only a slight loss in the past week, despite the fact that several important economic numbers have fallen short of expectations.

Existing home sales in January were nearly nonexistent, with the Friday-released number missing expectations and coming in at an 18-month low. A similarly bad housing number came on Wednesday, when the Commerce Department reported that housing starts fell 16 percent in January.


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Keep in mind that one of the

Keep in mind that one of the reasons why the markets are so high could be the expectation that inflation will increase significantly at some point in the future.


DJP333's picture

G-10 macro data is collapsing

The last 3 weeks have seen the macro fundamentals of the G-10 major economies collapse at the fastest pace in almost 4 years and almost the biggest slump since Lehman.


"It’s not pessimistic, brother, because this is the blues. We are blues people. The blues aren’t pessimistic. We’re prisoners of hope but we tell the truth and the truth is dark. That’s different." ~CW

And the Fed's Chief "Agent" JPM CHASE

...sold their NYC HQ, valued at 2 BILLION to China, for a FRACTION of its value.....really?...yes REALLY!
If JPM CHASE is headed to Davy Jones' Locker, they are certain to drag us all down with them.
No wonder banksters are turning up dead.....DAMAGE CONTROL!!!


"Beyond the blackened skyline, beyond the smoky rain, dreams never turned to ashes up until.........
...Everything CHANGED !!