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A Framework That Provides Clarity

During periods of “low visibility,” confusion reigns: for every indication of one trend, there seems to be a countertrend. The key is to glean from the collective wisdom of reliable leading indicators a clear signal that the economy is headed for a turn.

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A Stitch in Time

Lakshman Achuthan spoke with Stuart Varney this morning about how bad policy timing is largely to blame for the big-ticket bank bailout announced in Europe over the weekend, and in the U.S. during the recession. In other words, if they had better timing it would have cost a lot less.

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