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Non-Manufacturing Services ISM Fails to Meet Expectations; New Orders Plunge Posted by Michael Shedlock at 12:35 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice.
Read the original post: Time Expires; Egyptian President Mohammed Morsi Under House Arrest – Al Hayat TV; Obama Warns Egyptian…
Credit Contraction Exceeds 6% in Spain, Highest Ever in Crisis According to prime minister Mariano Rajoy, Spain has been on the verge of recovery for two years. Rajoy has also promised to bring Spain’s budget deficit to 3% of GDP for two straight years. And EU has extended the timeline for Spain to hit that goal from 2012 to 2013 to 2014 to 2015 and now to 2016.
See more here: Mamufacturing ISM Rebounds Slightly but Employment Drops; ISM at a Glance
More: Bill Gross Discusses the "Tipping Point" For Bonds; Does He Miss the Boat?
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Brietbart reports Senate Bill Incentivizes Employers To Fire Americans and Hire Amnestied Immigrants .
See the article here: 10-Year Treasury Yield Up 100 Basis Points Since May; What’s That Mean for Mortgage Rates and…