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Read More: Germany Pushes for Financial Transaction Tax; Will Cameron Face Reality?
Reuters reports China Deflation Fears Grow as Producer Prices Sink Most in Six Years . China’s manufacturers slashed prices at the fastest rate in six years in August as commodity prices fell and demand cooled, signaling stubborn deflation risks in the economy and adding to expectations for further stimulus measures
Read this article: Thinking of Quitting Your Job? Wage Growth vs. Quit Rates
Glass Shortage Has Skyscraper Costs Soaring: Got Glass?
Visit link: Investigating Consumer Confidence: 3-Month Low? 10-Month Low? Near Record High?
Read More: ISM Weaker Than Expected, Details Weak, Exports Contract Third Month
See original article: Fed Queen Race: Personal Income Rises 0.4% as Expected; Good for Rate Hikes? GDP?
Durable goods orders this morning leapfrogged all economic estimates (see Durable Goods Orders Surprise to Upside, Led by Autos ). Yet the GDPNow Forecast only rose by .01%
Taken from: Another Wild Ride; Stocks Collapse Into Close; Dip Buyers Hammered; Overhead Supply