Chart of the Week: Current Cycle lags

Tuesday, January 17, 2006 | 05:03 PM

The latest meme making its way around the echo chamber is that because employment levels were so high in 2000, the recovery period shouldn’t be compared to prior cycles.


How does this cycle compare to prior Cycles?


Source: EPI

Of course, we view this as nonsense. As the chart above shows, this recovery has been sub-par not just for employment, but across the board. The only exception has been Real Estate.

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Quote of the Day:

"In politics as in chess, or in the military or in business, when you have the advantage you must press it quickly – or lose it. For the first time in history, we are in a position to checkmate tyranny. Momentum is largely on the side of democracy.”

- Garry Kasparov



Tuesday, January 17, 2006 | 05:03 PM | Permalink | Comments (3) | TrackBack (0) add to | digg digg this! | technorati add to technorati | email email this post



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You gotta love the grandmaster's ability to relate all of the world's works in one quote! (I am referring to Kasparov, not Greenspan.)

Posted by: LDB | Jan 17, 2006 9:54:17 PM

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