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WSJ Timiraos: Outlines debt limit impasse playbook

The WSJs Timiraos, in an article outlines the "loathsome" playbook in the event of a Debt-ceiling standoff. The expectations are that we don't get to that…

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US May Empire Fed manufacturing index -31.8 vs -3.75 expected

Six month outlook+9.8 vs +6.6 last month This is a poor result but it's been volatile, especially new orders which swung to +25.1 from -21.7 and now has…

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