Down to 10% from 10.2% in October, with revisions DOWNWARD in job losses going back to September.? All of which is WAY better than expectations.? Month to month numbers are notoriously unpredictable, particularly at the bottom of a recession, but this is a good sign that the recession is beginning to end.

Tom Blumer has begun twisting his logic into a pretzel of Escher-like proportion.

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