Slight Contraction News Today

The European Bank for Reconstruction and Development (EBRD) forecasts Hungary's GDP will contract 0.2% this year in its latest Regional Economic Prospects, according to a report by state news wire MTI.

To business leaders in new york and elsewhere, the fact that it was going to be a roughened of 2012 was no surprise. >> right. exactly. >> weve left out one important metric here, which is how did the markets react? the markets dont care. were just still cruising up in a 14,000 accident practically dow jones index, and to the degree we care what the equities markets think of a slight contraction, they seem sanguin. >> its true the markets are going up, but they are because the fed has been sayin...