Last week we noted 9 signs that we were not, in fact, headed for a double dip recession. These included solid economic data coming in on various fronts, from the ISM to jobs to the Baltic Dry Index (shipping) to the rebounding stock market.And we’re getting even more solid data of late, so we’re adding to the encouraging signs.
Let’s tally it up.
As Credit Suisse has pointed out, a mid-recovery soft-patch in new orders is actually totally normal.
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