Global PMI roundup (June 2011): Mixed signals

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The June JP Morgan Global Composite PMI, which takes both the manufacturing and non-manufacturing/services into account, dropped to 52.2 from 52.6 in May (a number above 50 indicates expansion). Click through for my monthly PMI roundup. […]






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Chart du Jour: Jobs recovery anemic

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This post features a chart by Calculated Risk, measuring the percentage of jobs lost during various recessions, and the pace of recovery. The recovery in employment has been anemic at best … […]






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Rosenberg sees “semi-permanent” hurdles to U.S. growth

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David Rosenberg, chief economist at Gluskin Sheff & Associates, talks on Bloomberg Television about the June U.S. employment report and the outlook for the economy. […]






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Monetary policy: Week in review (July 9, 2011)

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The past week in monetary policy saw interest rate decisions from 14 central banks around the world, of which 7 made changes in their monetary policy settings. Read on for a comprehensive review of central bank news. […]






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Buffett: Battle over debt ceiling is silly

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The U.S. nation should not be making crucial decisions on the debt ceiling over a point of a gun, Warren Buffett told CNBC’s Betty Quick, Berkshire Hathaway chairman/CEO. He argues the Treasury could get corporations to pre-pay September corporate taxes if needed. […]






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Stock market outlook bullish, argues Jeremy Siegel

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Analyzing the market’s recent run-up and how investors should play the second half of the year, with Rob Morgan, Fulcrum Securities, and Jeremy Siegel, Wharton School at The University of Pennsylvania.

Source: CNBC, June 11, 2011.

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