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June 2009 US Factory Orders show signs for decline – a confirmation of continuing depression and a top in Dow around 10,000
Judy Patil
Aug. 2, 2009

According to market expectations, the June 2009 US Factory Orders show signs for a decline of 0.7%. The factory orders are early indications of economic strength in the next several quarters.

The report is die Wednesday August 4, 2009. In spite of upbeat expectations from Federal Reserve and other corners of the market sources, the declining Factory orders show the real state of the economy.

Quantitative and econometric models point to a severe bear market in a continuing economic depression.

The economy will accelerate downwards and Dow Jones Industrial Average will top out around 10,000.


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The report is die Wednesday August 4, 2009. In spite of upbeat expectations from Federal Reserve and other corners of the market sources, the declining Factory orders show the real state of the economy.
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