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Monthly Archives: May 2007
US Economy sputters into slow gear
The US Economy: First quarter growth was the weakest in 4 years at just .015% for Q1. Comparing this to 5.6% growth of Q1 2006 even extreme optimists must acknowledge that the economy was slowing significantly heading into the second quarter. A jump … Continue reading
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Fed sees housing correction a likely to continue to weigh heavily on economy
The May 9 FOMC meeting minutes released today confirm that the housing sector is slowing more than the US Federal Reserve had previously anticipated: See Bloomberg: Fed sees housing dampening growth longer than expected (update 3): “The correction of the housing sector was … Continue reading
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Private Equity: A bubble that will end badly (again!)
The Wall Street Journal ran a story May 29 on present sentiment in the private equity space. Private Equity: Is deal frenzy nearing end? quotes several principles of large private equity firms sounding caution. Timothy Collins, CEO of Ripplewood Holdings LLC calls the current … Continue reading
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