It must be a slow news day, as Fox News reports that Obama is getting noticeably greyer by the day.
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It was a strong day for equities (unless you are a financial) yesterday but a weak close, which makes the weakness in the futures this morning no real surprise. I talked to a lot of people yesterday and what strikes me is people's lack of confidence. That commodity is not usually in shortage in New York.
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It seems kind of arrogant for China to be targeting 8% growth without announcing additional stimulus when the rest of the world is fighting to get rid of all the negative numbers.
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I'm running behind but I'll be back.
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