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Economy
In reply to the discussion: STOCK MARKET WATCH - Thursday, 22 March 2012 [View all]xchrom
(108,903 posts)26. MORE BAD NEWS: British Retail Sales Fall 0.8%, Markets Get Worse
http://www.businessinsider.com/more-bad-news-british-retail-sales-fall-08-2012-3
First we got bad Chinese PMI numbers. Then we got horrible eurozone PMI numbers.
Now we have disappointing British numbers. Retail sales fell 0.8 percent in February.
Economists were looking for a decline of 0.5 percent.
Markets were already down ahead of the UK data, but they managed to get worse.
US futures are now down 75 points.
Read more: http://www.businessinsider.com/more-bad-news-british-retail-sales-fall-08-2012-3#ixzz1pqHSnX45
First we got bad Chinese PMI numbers. Then we got horrible eurozone PMI numbers.
Now we have disappointing British numbers. Retail sales fell 0.8 percent in February.
Economists were looking for a decline of 0.5 percent.
Markets were already down ahead of the UK data, but they managed to get worse.
US futures are now down 75 points.
Read more: http://www.businessinsider.com/more-bad-news-british-retail-sales-fall-08-2012-3#ixzz1pqHSnX45
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Thanks for following up on that, Po. It plays into Tansy's "shocked, shocked!" theme, too!
Demeter
Mar 2012
#3
Greece’s international creditors say risk-prone program may lead to missing 2020 debt target
Demeter
Mar 2012
#7
IS THIS WHY? Fool’s gold behind Beijing loan guarantees Firm accused of ‘wealth management’ schemes
Demeter
Mar 2012
#32
indeed. -- now NC isn't Mich -- but i certainly had the heat cut on in the mornings
xchrom
Mar 2012
#18
"US Senators roll call votes correlate strongly with the opinions of their rich constituents"
bread_and_roses
Mar 2012
#40