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November 26, 2014
Despite Higher GDP, U.S. Economic Data Continues to Disappoint: Episode 26
Missing expectations on all economic indicators
  • Chicago Fed index .14
  • PMI flash services 56.3
  • Dallas Fed Manufacturing 10.5
  • Case Shiller Index slows down to 4.9%
  • Consumer Confidence number down to 88.7M
  • Oil prices continue to fall
  • Big drop in Richmond Fed 75% below estimate
  • Optimism fueled by debt, consumption and bubbles
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