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Bear Rising

Krugman eats his green shoots: "Is it just me, or has the economic news started to darken again?" Free Exchange counters:

The first and most obvious point to make is that news can surprise on the downside while still trending toward improvement if expectations have improved more rapidly than the data.
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Posted on Jun 11 2009 @ 1:39pmAuthor Andrew SullivanCategories The Dish

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