Daily Archives: June 26, 2013

The Single Largest Driver of the US Economy is About to Collapse

Posted on June 26, 2013 by Phoenix Capital Research

The markets continue their dead cat bounce while the economic data worsens. First quarter US GDP was revised down from an annual rate of 2.4% to 1.8%.  The drop was due to lower personal consumption expenditures than initially forecast. This … Continue reading →

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