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Jun 16 2009

Second-Half Recovery Is "Nonsensical": Economy Still Descending, Ritholtz Says

Posted by: yahootechticker in Yahoo Tech Ticker

Wednesday’s report of a 17% monthly rise in housing starts made for some dramatic headlines, but don’t confuse that with an actual recovery, says Barry Ritholtz, CEO of Fusion IQ and author of Bailout Nation. “Housing Starts did not ‘soar’ as

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