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Monday, August 1, 2011

The Export Economy Can't Save Us


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Monday, August 1, 2011
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The Export Economy Can't Save Us

This morning's ISM report was obviously quite weak, with the survey of manufacturers barely registering growth.

And it's not just the domestic economy sputtering.

Here's the exports sub-component. It's still in "growth" territory, but fading fast. With Europe on the skids, and China on a glide path, exports can't be relied upon to save us. Read »


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