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New York Is in Trouble & So Is the Rest of the U.S.

June 19, 2008 · Filed Under US Stocks and Markets · Comments 
“Whether the rest of the country likes it or not, both Wall Street and Washington place enormous confidence in the predictive powers of the Federal Reserve Bank of New York’s Empire State Manufacturing Survey.” — Adam Lass by Adam Lass Baltimore — (TFN): As goes New York, so goes the nation. That motto may seem like typical NYC [...]

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