Beware of robber banks (RB), bad advisors.
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The U.S. economy isn’t out of the woods yet
A funny thing happened on the way to the recession, which had been lightly penciled-in for sometime next year: the U.S. economic data showed a marked improvement. From housing starts and home sales to manufacturing production and jobless claims, the economic news last week was upbeat, even as the Federal Reserve administered a second dose of monetary stimulus in as many months to offset the risks from slowing global growth and a trade war. Does this mean we should table the forecast of a significant slowdown or possible recession in the U.S.? Is it time for the EMTs — in this case, Fed policy makers — to stand ... (full story)
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