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Notes to myself, possibly of interest to others.
-- Bill Northlich

Friday, June 3, 2011

Rosenberg Daily Soundbites

  • There is absolutely no doubt that the U.S. economy has hit stall speed
  • The growth bulls may point to the Household survey this time as a source of comfort since it showed a moderate gain of +105,000. But looking underneath the hood reveals a faltering engine here as well
  • The labour share of national income has fallen to its lowest level in modern history

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