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U.S. Economy Takes Sharpest Dive In Years. Futures Markets Shrug.

The only real upside is that the 0.3% annualized contraction in the third quarter was less than the 0.5% that was generally expected. I'm not really sure how to take that, other than as a sign that the market is hopelessly clueless. But that's not really new, is it?
Economy Shrinks as Consumers Retreat [CNBC]