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Thursday, May 29, 2008

Thursday, May 29, 2008


photo by Wolfgang Staudt


Quote for the day:


The impossible often has a kind of integrity to it which the merely improbable lacks.

-Douglas Adams, The Long Dark Tea-Time of the Soul


In the news:

First Quarter GDP growth rate was revised to 0.9% up from last month's estimate of 0.6% as the trade deficit lessened "as surging fuel and food bills and falling home values force consumers to cut back."

Banks routinely misstated borrowing interest rates that are used to determine the official LIBOR rates in order to avoid the perception they faced difficulty raising funds as credit markets seized up.

Sphere: Related Content

at 5/29/2008 12:29:00 PM  

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      • Personal Income Growth is Flat
      • Friday, May 30, 2008
      • Imports fall causing an upward revision in GDP
      • Thursday, May 29, 2008
      • Durable Goods drop less than expected in April
      • Wednesday, May 28, 2008
      • S&P Case-Shiller Home Price Index continues its fall
      • New Home Sales Continue their Slow Pace in April
      • Tuesday, May 27, 2008
      • Existing Home Sales Starting to Plunge Yet Again
      • Friday, May 23, 2008
      • OFHEO indexes lag S&P Case-Shiller indexes
      • Thursday, May 22, 2008
      • The Fed Minutes Spook the Market
      • Wednesday, May 21, 2008
      • Inflation spikes up in the core PPI numbers
      • Tuesday, May 20, 2008
      • U.S. Leading index posts second small increase in ...
      • Monday, May 19, 2008
      • New home construction for April is down over 30% f...
      • Friday, May 16, 2008
      • Sales Tax collection declines at a slower pace
      • Thursday, May 15, 2008
      • CPI for April rises less than expected
      • Wednesday, May 14, 2008
      • Retail Sales for April was stronger than expected
      • Tuesday, May 13, 2008
      • Option ARM delinquencies continue to spike up; man...
      • Monday, May 12, 2008
      • Trade deficit falls in March but personal income f...
      • Friday, May 9, 2008
      • Consumer loan growth is flat for March
      • Thursday, May 8, 2008
      • Pending Home Sales are down 20% from last year; NA...
      • Wednesday, May 7, 2008
      • Withheld taxes show that personal income is still ...
      • Tuesday, May 6, 2008
      • ISM's Non-Manufacturing Index jumps to 52%
      • Monday, May 5, 2008
      • Unemployment falls to 5%
      • Friday, May 2, 2008
      • Real Personal Income turns negative
      • PMI is flat for April; not at recessionary levels
      • Thursday, May 1, 2008
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