Despite Higher GDP, U.S. Economic Data Continues to Disappoint: Episode 26
Despite Higher GDP, U.S. Economic Data Continues to Disappoint: Episode 26
\nMissing expectations on all economic indicators
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\n\t* Chicago Fed index .14
\n\t* PMI flash services 56.3
\n\t* Dallas Fed Manufacturing 10.5
\n\t* Case Shiller Index slows down to 4.9%
\n\t* Consumer Confidence number down to 88.7M
\n\t* Oil prices continue to fall
\n\t* Big drop in Richmond Fed 75% below estimate
\n\t* Optimism fueled by debt, consumption and bubbles
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