On 4/5/10 12:51 PM, Canuck57 wrote:
On 05/04/2010 9:57 AM, hk wrote:
(Reuters) - The U.S. services sector grew in March at its fastest pace
in nearly four years, data showed on Monday, while pending sales
contracts for existing homes rose in February, suggesting steady
economic improvement.
Housing Market
The Institute for Supply Management said its service index grew in March
for a third straight month, jumping to 55.4, its strongest reading since
May 2006. That was up from February's 53.0 reading and above economists'
forecasts for 54.0 for March.
A reading above 50 indicates expansion in the sector.
For those in the know, it isn't expansion, it is currency deflation,
otherwise known as inflation. Check out you gasoline proces. USD has
lost about 5% of its value in the last month alone.
And real estate isn't going to despreciate like USD....
Today, CAD is so close to par you wish you could shave like that.
For those in the know? Well, let's see...we have a number of private and
governmental agencies showing, cautiously, growth...and we have
Canuck57, a non-portfolio'd teabagger pimping the Republican bull****...
Hmmm...it's sooooo hard to choose.
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