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A ‘U,’ a ‘V’ or maybe a Nike swoosh? Economists try to predict what a recovery will look like

As data points come in, they’ll largely tell a story about the present and the near past. What they won’t provide, at least for a few months, is a reliable portrait of the future.

Source: Economy - cnbc.com

The US economy has wiped out all the job gains since the Great Recession

Target’s shares tumble as retailer says first-quarter profits will be hurt by higher costs