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August 16 , 2009 - Richard S. Davis

Econbrowser Not Seeing the Recovery

At the Econbrowser blog, James Hamilton remains unconvinced that the economy is recovering. The economic recovery may well have already begun in Asia and Europe, and certainly the mechanics are in place for significant improvements in U.S. real GDP even without any changes in the underlying fundamentals. However, I remain persuaded that a real U.S. […]