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DewDiligence

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DewDiligence

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Re: DewDiligence post# 5222

Thursday, 07/05/2012 5:24:56 PM

Thursday, July 05, 2012 5:24:56 PM

Post# of 30493
IMF cuts US forecasts slightly for 2012/2013 GDP growth:

http://www.nytimes.com/2012/07/04/business/economy/imf-reduces-forecast-for-us-growth.html

The fund cut its estimates of American growth to 2 percent in 2012 and 2.25 percent in 2013 in the report. In April, it estimated growth of 2.1 percent in 2012 and 2.4 percent in 2013.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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