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Re: Who Is Right: Stocks Point To A Half-Recession; Oil Screams A Global Depression

By: DGpeddler in POPE IV | Recommend this post (0)
Fri, 22 Jan 16 9:53 PM | 93 view(s)
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Msg. 02858 of 47202
(This msg. is a reply to 02818 by capt_nemo)

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Oil is up today and the market is following.


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The above is a reply to the following message:
Who Is Right: Stocks Point To A Half-Recession; Oil Screams A Global Depression
By: capt_nemo
in POPE IV
Fri, 22 Jan 16 4:18 AM
Msg. 02818 of 47202

Submitted by Tyler Durden on 01/21/2016 - 13:52

According to stocks, a half-recession is precisely where the US was as of roughly noon yesterday, when the S&P touched an intraday low of 1812. This represents a 15% drop from the all time high close of 2,131 last summer. It also represents half the post-World War II average peak to trough decline around recession, which amounts to roughly 30%.

http://www.zerohedge.com/news/2016-01-21/who-right-stocks-point-half-recession-oil-screams-global-depression


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