Thread: blip or trend?
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turbo6bar turbo6bar is offline
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It's hard to say if only looking at 1 month's worth of data.

There are several factors working against a resurgence: high price of energy, increase in interest rates, a steep RE cliff on the horizon, and the fact we're in an election year.

One thing is for sure: the consumer is fickle. If one lemming jumps, a whole bunch join him.

My guess: this is just a blip. You can bet Bush is having heartburn over this one.
Old 08-04-2004, 04:14 PM
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