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By Brahma Chellaney
Beijing's creeping aggression signals a challenge to U.S. presence in the Asian Pacific
Independent voices from the The Washington Times Communities
Topic - Matthew Montagu-Pollock
The U.S. economy sent some mixed signals on growth Tuesday, with bad news on housing prices and durable goods orders, but consumer confidence jumping to its highest level in years and the Dow Jones index closing above 13,000 for the first time since May 2008.
"I think what happens in the housing market is absolutely primary," he said. "...If that's not coming through, then there's a problem."