(Lake Buena Vista Specific)
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(Lake Buena Vista Specific)
1 messages
Updated 2/16/2011
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MartiniMan
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Subject: |
More mixed economic news
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Date:
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4/29/2015 10:03:11 AM
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GDP was at 0.2% in Q1 2014. No doubt impacted by the weather but the dollar is killing exports as well. I suppose the good news is that beats Q1 of 2014 so hopefully Q2 will be better. Consumer confindence and spending aredown which is surprising given energy prices are still low. All in all the weakest recovery since after the depression continues. And real unemployment is still at 11% which is a travesty six years after a recovery. I am really hoping this is not evidence of a recession setting in as historically we are due for a slowdown.
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lucky67
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Subject: |
More mixed economic news
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Date:
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4/30/2015 7:59:04 AM
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Contrary to popular belief this economy is anemic mostly due to employers reluctance to expand--too much beau ratio red tape, govt imposed health ins etc; as to real estate there are more foreclosures banks are holding off on due to govt pressure--I know some very nice homes listed at lake at $1 mill who haven't had a visitor in 2 years--tell those owners how wonderful lake sales are !
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Name: |
lucky67
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Subject: |
[Message deleted by author]
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Date:
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4/30/2015 7:59:05 AM (updated 4/30/2015 7:59:22 AM)
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