US growth — and stocks — getting lift from housing and autos; budget fights loom

  • Article by: CHRISTOPHER S. RUGABER , Associated Press
  • Updated: January 28, 2013 - 9:58 PM

WASHINGTON - The U.S. economy is a study in contrasts.

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ciamanJan. 28, 13 8:42 PM

If you look in the statistics in Dec, you will then find that home sales took a big dive and none of that jibs with this article. As for cars, people cannot buy new cars because their wages are far back in the middle 80's and do not have the cash to buy new cars period. Will they buy newer cars? Yes, since people will buy used cars. The rest is clouds skipping away. As to stocks, most baby boomers have verred off from wall street and stocks. I wonder why? You know why if you think about it. So many people were killed and burned in 2008 and on. And most people nearing retirement know that it is the wrong time to get into stocks. Look at the volume in the DOW and you will discover that few people buy stocks anymore. Nice and solid.

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