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How to Own Gold Economic Bulletin

December 2009: Percent of Leaders Expanding Increases to 82; Cyclical Score of Leaders Increases to 57 PDF Print E-mail

The latest estimates indicate that gross domestic product, one of our primary roughlly coincident indicators, grew at a seasonally adjusted rate of 2.8 percent in the third quarter.

Although this expansion in GDP after four quarters of decrease appears to be a positive development, continued growth may not be sustainable. The reason for this is that government spending, rather than consumer spending and private investment, is fueling current growth.

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