Recent economic data seems to be painting a solid recovery coming in the next few years if one looks at the raw economic data. The media tends to spin whatever information is released to make news. For the past while the media has been making their money selling negative news. They love to highlight the recent recession, housing foreclosures, and even talk of a double dip recession. Those advocating a double dip definitely didn’t get any support this week if we examine the economic data released this past week.
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