Does This Look Like an Economic Recovery?

Verizon to Cut 13,000 Jobs as Businesses Reduce Lines

Wonder where the Bureau of Labor Statistics will bury that little nugget in Feb's jobless report.  Here's the full article:  LINK

There is just no way the Fed is going to raise interest rates or pull back liquidity anytime soon, unless it wants to create an economic freefall.  Everything else is just noise.  I am still on record with a forecast that the Fed will, in some form, announce an extension of its "Quantitative Easing" program before June.  This trading bounce in the dollar is temporary and I expect to see the dollar hit new lows sometime this year.  The rest is political rhetoric.

Wait, there's more:  Home Depot to Cut 1,000 Workers LINK