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CNNW John King USA August 18, 2011

sales of existing homes dropped. and manufacturers had been expecting a modest increase. and inflation on consumer goods was up. add in collapsing consumer confidence and you get sober advice like this -- >> 2012 could be a very difficult year. im on the camp that we have more chance of being in recession than avoiding it. so, they should be conservative right now. their confidence should be down because theres every reason out there that they shouldnt feel confident. >> getting us sta...
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