Any premature withdraw of QE3 could spell disaster for the US economy: The US Job growth has slowed again, as it has during a “spring swoon” that occurred during each of the past three years. Forecasters have been reducing their expectations for second-quarter GDP growth. And investors who were ebullient just a couple weeks ago are now back to their usual skittish selves. BUT THEN THE US FINANCIAL MEDIA IS RECKLESS AND MORE JOKER-ISH THAN THEIR COUNTERPARTS IN INDIA.
Posted on: Thu, 06 Jun 2013 19:35:53 +0000
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