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September 20, 2012
economy. stocks around the globe sank on weak japanese trade figures, as well as a drop in chinese manufacturing activity for the eleventh straight month. the news here wasnt better. the conference boards index of leading economic indicators edged down a 0.1% in august, suggesting growth will stay sluggish in the second half. so, its no surprise that the international monetary fund announced today it plans to cut its global growth forecast by a few decimal points when it releases its r...
September 20, 2012
well as a drop in chinese manufacturing activity for the eleventh straight month. the news here wasnt better. the conference boards index of leading economic indicators edged down a 0.1% in august, suggesting growth will stay sluggish in the second half. so, its no surprise that the international monetary fund announced today it plans to cut its global growth forecast by a few decimal points when it releases its report next month. the i.m.f.s currently forecast calls for growth of 3.5%...