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Out of the Wood Yet?

Is it 'out of the wood' or 'woods'?

Anyway, while I contemplate the right use and etymology of this cliched expression, the reason I mention it is that the media loves it and has recently been observed to use it in context of the US and perhaps global economic status.

To digress - the one time golf great with an eponymous title certainly has gone deeper into it (the woods I mean) and sees no chance of being back on the green anytime soon (in a manner of speaking of course).

De - digressing to the topic at hand - What they refer to as the wood or woods I am not sure - since from a macro economic standpoint nothing material seems to be happening. Sure the equity market has reached a point in its trajectory not seen for the last 30 or so months but ask an unemployed person and they feel left out. There are about 10% of the employable public give or take a few. To them they too are sensing their grass ain't green but are also not sure where it will be and how to get themselves moving towards where those pastures may lie. Much like wilderbeast migrating in the great Serengeti the unemployed are facing extinction if the large conspicous consumption engine does not kick start and burn some rubber - fast.

That said all the world's economies (the ones that matter or can matter) have pumped enough liquidity in the economic intestines to have the malaise pass without much exertion at this point.

Let us hope the wise men and women who have strived to avoid the impending avalanche have made the shot that got us out of the wood!

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