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Wal-Mart February sales slump with discretionary income
And now for some news from the consumer led economy. Here is a direct link.
Elizabeth Warren asks straight questions on lack of bank prosecutions
Financial Regulations Law implementation hearings February 14, 2013. Here is a direct link
Pimco’s El-Erian explains the capital risk in artificially high asset prices
“In terms of equity markets, El-Erian says investors are split into two camps. One camp believes that everything will go higher and central banks will succeed in their efforts. The other camp believes asset prices are going to come down … Continue reading
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