Out of those five times, the economy fell into recession 100 per cent of the time.
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The employment cost index report adds to the growing list of evidence that there is very little in the way of cost pressures in the inflation pipeline.David Rosenberg
The housing market has become so stretched that the affordability ratio for first-time buyers, the folks who drive the incremental demand in the real estate sector, has deteriorated to levels last seen in the third quarter of 1989.
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Bizarre is not a strong enough word. We've never seen productivity growth this strong headed into the fifth year of a business expansion.
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A Bush win is good for asset managers but bad for life insurance companies.
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There is no question that these are trends that are going to add to people's anxiety and the process has already started.
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There's nothing in the tea leaves telling us we'll be seeing much labor-market buoyancy for several months.
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