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Thursday, April 03, 2008

News You Can Use -- Good, Bad & Ugly

The Good ...
US ISM Non-Manufacturing Index Unexpectedly Rose Combined with the group's manufacturing index, which earlier this week showed a smaller contraction than anticipated, the report indicates growth is unlikely to collapse.

The Bad ....
Initial Jobless Claims in U.S. Unexpectedly Climbed to Highest Since 2004 The number of Americans filing first-time claims for unemployment benefits unexpectedly increased last week to the highest level since just after Hurricane Katrina in September 2005.

The Ugly ...
It Sure Looks Like a Recession

This last one comes with some scary charts ...

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