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  1. Havakasha is offline
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    Joined: Sep 2009 Posts: 5,358
    09-09-2010, 04:41 PM #1

    Roubini: Growth to Halt in 2nd Half

    Well he has been fairly accurate so far. Predicted this recession unlike Laffer.
    http://www.cnbc.com/id/39083011

  2. SiriuslyLong is offline
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    Joined: Jan 2009 Location: Ann Arbor, MI Posts: 3,560
    09-09-2010, 06:11 PM #2
    I spent the latter half of my day negotiating a contract. During our initial small talk, this customer is booming - expanding and hiring. Just as is my company is / has. We are two months into the second half, and both those months were decent. I can speak to September performance when I make my way into the office tomorrow. Historically speaking, October and November are good months. The auto manufacturers start making new models.

    I simply don't see it (yet), and I think my business is a good barometer. Back in June 2009 our sales figure shot up and that's exactly when things began to pick up.

  3. Havakasha is offline
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    Joined: Sep 2009 Posts: 5,358
    09-09-2010, 07:56 PM #3
    We will just have to wait and see. From all indications there is a lot of free cash floating around there, but just not getting spent.