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发表于 2011-5-16 12:05 PM
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Several bad news today:
1. The U.S. is expected to hit the $14.294T debt ceiling today, prompting the Treasury to stop issuing and reinvesting government securities in certain government pension plans, among other steps.
2. May Empire State Survey: Manufacturing 11.9 vs. 20 expected, 21.7 prior. New orders 17.2 vs. 22.2 prior. Prices rise to 69.9, the highest level since mid-2008.
3. NAHB Housing Market Index: 16 vs. 16 expected, 16 prior. "Access to credit for both builders and buyers remains a considerable obstacle to the revival of the new-homes market," NAHB's David Crowe says.
4. A major home supplies store, Lowe’s, cuts forecast as sales drop unexpectedly. |
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