After all, real income has been steadily ticking higher.
Tax policies that cushioned household incomes are disappearing.
Long-term jobless people who find work have a very hard time recovering.
Low wages, not debt payments or savings, are slowing the economic recovery.
Taper timing could be affected.
Will consumers want to shop, given their general mood? 
This may have brought us closer to a tapering of Fed stimulus.
| Dec 05, 2013
| 12:07 PM EST
I'm expecting a strong employment report tomorrow. One reason is the big gains in the ADP report yesterday; se...
| Dec 05, 2013
| 9:04 AM EST
In the second estimate of GDP for the third quarter, GDP printed at 3.6% -- far above the initial estimate of ...
The main reason is retirement, not discouragement.

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