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Location: Nashville, Tennessee, United States

8/26/2003

Our Impending Economic Doom Boom
The Dallas Morning News reports on a big surge in the volume of online stock trading - and why that's evidence of a recovering economy. Says the paper: Retail investors such as online traders are typically the last ones to join a rally. Market analysts watch the online crowd as one more piece of evidence that stocks have, finally, turned up. Also, sales of existing homes soared to a record in July, reports the AP. Another sign of our impending economic doom boom? I blame the Bush tax cuts.