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US Perspective—08.09.09

08/09/2009

The Jacobsen Commentary and Market OpinionCourtesy of www.thejacobsen.comAlthough there have been encouraging reports from housing and manufacturing lately, the latest US unemployment and retail sales reports remind us that recovery of the economy is not a done deal. In August, US unemployment jumped to 9.7% from July’s 9.4%—a 26-year high. The...

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