Source: Yahoo! News The economy turns out to be weaker than we thought, and the outlook for the rest of the year is now looking dimmer. New figures issued Friday show the economy struggled this spring, growing at a meager 1.6 percent annual pace. The initial estimate was 2.4 percent, and even that was anemic. [...]
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Source: CNBC The question traders are asking is, "how did those $16.55 trades get on the tape?" — when they were clearly outside the parameters of where the stock was trading. Related posts Warren Buffett Says Economy Has ‘Fallen Off a Cliff’ Stocks to Drop 20% More; Cash the Safest Place: Roubini S&P Enters Correction [...]
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Source: FOXNews.com The government is about to confirm what many people have felt for some time: The economy barely has a pulse. The Commerce Department on Friday will revise its estimate for economic growth in the April-to-June period and Wall Street economists forecast it will be cut almost in half, to a 1.4 percent annual [...]
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Source: zero hedge Global banks would never engineer the collapse of the U.S. economy or the Dollar. It makes them too much money… This often heard song and dance ties in with the number two comment above. Again, the assumption is that the globalists only do what they do out of an “uncontrollable greed for [...]
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Source: The Associated Press: Residents of Port Richmond — where an influx of newcomers from Latin America over the past decade has transformed the community — alternately blame the attacks on the economy, unemployment and the debate over Arizona’s immigration law. And although most of the suspects were described as young black men and investigated [...]
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