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Below are a smattering of contradictory ecomomic news I pulled of the net in the last 10 minutes!

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The only thing I’m sure of is that NO-ONE is telling the whole truth on the economy, jobs or the real estate market.

MSNBC
Employers see uptick in hiring in 2010
Report: One-fifth of hiring managers plan to add full-time staffers next year

AP Newswire
Consumer confidence extends rise in December
Report: Better-than-expected reading fueled by long-term outlook on jobs

Newsweek
Double-digit unemployment is expected to drop, as companies slowly begin to hire in the spring and latter half of 2010, and new digital and technological jobs could start to take shape as Americans re-settle into this emerging, post-recession economy.

Wall Street Journal
U.S. Home-Price Declines Slow
The Case-Shiller indexes showed home prices in 20 U.S. cities fell 7.3% in October from a year ago, but were flat compared with September. Consumer confidence rose.

Wall Street Journal
Despite Subsidy, Cobra’s Bite Still Stings for Many
Government Benefit for Uninsured Fails to Cover Rising Cost of Premiums; Unemployed Often Remain Ineligible for Program

Wall Street Journal
Jobless Middle-Class New Yorkers Struggle to Get By
High Unemployment Takes Toll on Once-Thriving Neighborhoods, Where Foreclosures Are Up and Recovery Is Elusive

It’s 1984 all over again.

- Coventry




InvestmentWatch

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