post recovery

Mike Bertelsen


Wages are rising, loan growth by commercial banks has picked up, but investment is depressed. Two outta three ain't bad. Hiring could be kicked into a higher gear. Recovery then growth, in that order, have been slow.... but upticks are here.

Read more from Business Insider. has a story about using GDP as a measurement. Problems yes, but it's all we have. Intermediate goods are left out. Taken into consideration, the question has been asked if the economy is really bigger than it is.

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Is there something afoot on the consumer side? has a story on quarterly sales and consumers falling flat. Current projections are a 2.5% revenue gain. The narrow channels on the radar can't be ignored.

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Solid ground or not, it's still a bit soft in the middle.
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