US Economy bottoming
Source: The Market Oracle

This week, we look at Treasury Secretary Timothy Geithner’s Op-Ed piece for the New York Times.

There are two reasons:

First, as one of the key dispensers of US economic policy and taxpayers’ money, what he thinks and says is important. If he says “Welcome to the Recovery”, one should try to figure out if he is right.

Second, there is an important lesson in this Op-Ed. Mr. Geithner’s arguments for a recovery rest on manipulations of scale, a common problem one confronts when making investment and other business decisions. Learning how to scale numbers properly will make you a more effective investor.

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Filed under: Market CommentUS

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