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Have you been watching the TD Economics daily and weekly financial indicators? Top right corner of http://www.td.com/economics/ . They tell the same sort of story for Canada, though a slight worsening of spreads in the last couple of weeks.

Nice argument, I hope you're right ;)

"enough for US forecasters to predict that the US economy will stop shrinking in the second half of 2009"

Is this the best we can hope for ?

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