(marketwatch.com) The boom in business investment is slowing, suggesting that the manufacturing sector may not be able to keep leading the economy forward.
(Bloomber) The Fed, led by Chairman Ben S. Bernanke, will announce another round of large-scale asset purchases when policy makers meet next week after deploying $1.7 trillion to pull the economy out of the financial crisis, according to a survey of the 18 primary dealers that trade debt with the central bank. Fed officials, who already cut interest rates almost to zero, are discussing more purchases of Treasuries to flood markets with cheap money as well as strategies for raising inflation expectations to prevent stagnating prices from undermining the recovery.
(Cnbc) Roubini: U.S. Heading for "Fiscal Train Wreck" The U.S. economy is a âfiscal train wreckâ waiting to happen that risks ushering in a period of stagnation featuring minimal growth, high unemployment and deflationary pressure, U.S. economist Nouriel Roubini wrote on Friday. In a commentary for the Financial Times, Roubini â one of the first economists to predict the housing crash in the United States and known as âDr Doomâ for his pessimistic forecasts â said fiscal and monetary stimulus had prevented another depression. find out more: http://www.cnbc.com/id/39908316
Oh you stupid fuck, you just refuse to die.... According to my chart, it was actually up 40 cents compared to 3 days earlier... Please God, take this idiot...