an ebb and flow

Thursday, June 2, 2011

Another 'summer of recovery'?

The headlines say it all:

CNBC: Wall Street Baffled by Slowing Economy, Low Yields: Trader
CNBC: Horror for US Economy as Data Falls off Cliff
CNBC: Stocks Plunge Amid Global Recovery Fears
Bloomberg: ADP: U.S. Added Fewer Workers in May
IBD: The Great Depression In Real Wages
CNBC: Labor Market Worries Rise on Weak Private Sector Job Growth
CNBC: US Manufacturing Growth Slowest Since Sept 2009
USA Today: Economic problems stubbornly linger
Heritage: Morning Bell: The Unstimulated Obama Economy
AP: Consumer confidence falls unexpectedly in May
Heritage: Why Government Spending Does Not Stimulate Economic Growth: Answering the Critics
CNBC: 'Double-Dip' in Housing Prices Even Worse Than Expected
Financial Times: Back towards a US double-dip
New York Times: The Numbers Are Grim
CNBC: Prepare for More Money Printing: Analyst

We can't afford another 'summer of recovery'!

an ebb and flow at 2:57 AM
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