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Valance Chartbook Update

Posted on July 4, 2011 @ 12:15 pm (Monday) by WARREN MOSLER

The recovery continues to more of an L shape than a V shape.

No signs yet of whether we stay in the current soft spot or move back to 4% growth as most forecast for Q3

(The same 4% forecasts for Q1 and Q2 were continually revised down closer to 2%)

Valance Chart Book

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