The Undollar Digest

Weimar solution beckons as manufacturing crashes in US Fifth District?

Ambrose Evans-Pritchard 07/25/2012 blogs.telegraph.co.uk

As Britain tanks by 0.7pc in the second quarter (much worse than Spain at 0.4pc), it is worth keeping a close eye on the very ominous turn of events in the US.
The Richmond Fed’s twin indices of manufacturing and services – a very good indicator at the onset of the Great Recession [...]


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