Have we turned the corner?

Maybe?

- Incomes are still down quite a bit from where they would have been on the pre-recession growth path
- Sluggish growth is back; we're in a hole but we've stopped digging.
- the Fed loses three inflation hawks in January and will replace them with doves. This is a good thing.
- On the other hand, our fiscal policy is a trainwreck and our policymakers are a laughingstock.
 
Yeah, it's hard to get too excited when we don't know whats going to happen with Europe yet, and our legislature is historically broken.
 
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