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Index of Leading Economic Indicators drop, 4th straight month



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There are still a lot of mixed reports out there on the economy and yesterday was no exception. New applicants for unemployment dropped yet the Leading Indicators fell yet again. With all of the recent job cuts announced in recent weeks I'm not convinced that the unemployment numbers will show much great news anytime soon and the economy looks like it's sputtering as we finish the year. Meanwhile the financial markets are still nervous about the high cost of oil as well as the strong possibility of more Bush-led interventionist foreign policy. Yes, Bush is now viewed as bad for business.


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