Wednesday, August 05, 2009

GREEN SHOOTS

P&G's profit falls, shares skid- AP
Planned layoffs accelerate again in July- Reuters

Also SOCIETE GENERAL profit drops by 50%.


This just out:
U.S. July ISM non-manufacturing falls to 46.4%

Posted by Karl Denninger in Macro Economics at 09:12 (Page 1 of 405, totaling 1215 entries) » next page
ADP Payroll: Ugh
I can't agree that this report shows "green shoots":




Stock prices should be supported by earnings,

D

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