The Undollar Digest

Doug Noland’s Credit Bubble Bulletin

Doug Noland 08/10/2012 www.prudentbear.com

Selected Notes
August 6 – Bloomberg (Martin Z. Braun): “U.S. state and local-government pensions ended the 2012 fiscal year with a median gain of 1.15% as the European debt crisis and a slowing global economy damped stock returns, Wilshire Associates said. It was a reversal after two years of gains for the retirement funds, which have [...]


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