Friday, June 1, 2012

"Worst Week Ever for US Economic Indicators?"

From Bespoke Investment Group:
We can't recall a worse week for US economic indicators.  While it was only a four-day week, there were a large number of indicators released -- 21 to be exact.  As shown below, of the 21 releases, a whopping 18 came in weaker than expected!...MORE
Something appears to be hitting the fan in China.
A Greek default tips a bunch of Spanish and Italian banks over the edge.
And George Bush is back in the White House.