PeakTrader.com

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PeakTrader said...

The U.S. has never gone over 10 years without a recession:

Longest expansions since WWII:

1991-01 120 months
1961-69 106 months
1982-90 92 months
2001-07 73 months

Year next recession begins?

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The longest U.S. economic expansion before WWII was the 1933-37 expansion (50 months).

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"Government payrolls shrank last year by 271,000..."

Yes, we'll be getting less government services.

Also, we'll be getting oil at higher costs.

Moreover, we'll work harder and longer for fewer manufactured goods.

Are these really improvements?

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And will the slow U-shaped recovery be completed before a recession, or will there be a double-dip? (the U.S. has never gone more than 10 years without a recession).

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Jon, you believe we'll get more government services with fewer government workers?

You believe oil is becoming cheaper to extract?

And you believe manufactuing costs (e.g. labor, energy, raw materials, etc.) aren't rising?

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