ECONOMIC MUSCLE BUILDING: Larry Kudlow writes:
Not one in a thousand media commentators recognize that the big-bang bond sell-off in the United States is actually an international phenomenon, one that signifies the potential for an economic growth recovery throughout the world.
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If that recovery happens (at least in the US), John Hawkins writes, “Bush is going to be extraordinarily difficult to unseat.”
UPDATE (Monday 8/18/03): The Washington Post reports, “Dow at 14-Month High; Nasdaq Up 2 Pct”.
ANOTHER UPDATE: “Somebody please take away Tom Daschle’s belt & shoe laces“.
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