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Thread: Lots of Economic News Today ...

  1. #1
    Banned Melonie's Avatar
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    Default Lots of Economic News Today ...

    Dow Tanks 500, Led by H-P; Vix Soars 40% - from

    US Jobless Claims Up, Gasoline Lifts Consumer Prices - from

    Morgan Stanley Cuts 2011 Global Growth Forecast - from

    Gold hits new record near $1,830 an ounce - from

    Bloodbath for tech stocks - from

    Collapse in Philly Fed Manufacturing Index to -30.7 - from

    Gas, food and clothing prices are on the rise - from


    all in all, way too much economic 'reality' coming home to roost for a single day
    !

  2. #2
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    Default Re: Lots of Economic News Today ...

    They say the recession's coming back, I say the Depression's still on..


    MANY MEN WANTED TO LAY ME DOWN, BUT FEW WANTED TO LIFT ME UP

    -Eartha Kitt

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    Default Re: Lots of Economic News Today ...

    Quote Originally Posted by whirlerz View Post
    They say the recession's coming back, I say the Depression's still on..

    Yes that enemic recovery (now over) was never organic..... It was govt & Federal Reserve sponsored....... It does appear there is only so much cheap money can accomplish.

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