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The Great Global Gap
Good morning!
Here’s a heads-up on one of the most important developments:
While the U.S. and Europe are still mired in the mud pits of recession, Brazil, India, China, and other countries are already riding a new wave of growth.
It’s a great global gap that’s widening with nearly every new release of data. Just last week, for example, we learned that …
In the U.S., consumer confidence, which seemed to be climbing, suddenly took a new tumble, as the Reuters/University of Michigan index sank from 70.8 to 66.
U.S. consumers have little hope the stimulus package will work. Worse:…
29Jul2009 | Money and Markets | 0 comments | Continued
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