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09/04/2010 - 6:44 a.m. EST
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Michael J. Panzner
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| I've highlighted news and other reports indicating that conditions on
Main Street are far worse than your average Wall Streeter believes they
are. Interestingly enough, even those who are ostensibly benefiting from
the bullish-Kool-Aid-induced euphoria that's keeping share price... |
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09/04/2010 - 6:43 a.m. EST
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Michael J. Panzner
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| The "Money" section of USA Today has a cover story by Adam Shell, "Could
Investors Fleeing Stocks Become a Lost Generation?" featuring insights
from yours truly. Among other things, I argue that "the lost generation
is not coming back" and highlight several reasons why the avera... |
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09/02/2010 - 3:37 p.m. EST
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Michael J. Panzner
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| In honor of today's single-positive-data-point-driven-triple-digit
rally, I thought it would be a perfect time for another installment of
"Scenes from a V-Shaped Recovery": |
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09/02/2010 - 10:39 a.m. EST
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Michael J. Panzner
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Yes, I'm sure it reflects confirmation bias on my part, but it's hard to
ignore Howard Davidowitz's thoughts on the state of the economy given
that he has in recent years been correctly pessimistic on prospects for a
sustainable recovery.
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08/31/2010 - 8:28 a.m. EST
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Michael J. Panzner
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| According to USA Today, "Government anti-poverty programs that have
grown to meet the needs of recession victims now serve a record one in
six Americans and are continuing to expand. |
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