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RANsquawk European Morning Briefing - Stocks, Bonds, FX etc. – 16/07/10
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FWITW, the USDA-Rural Development gave a training session by the American Bankers Association. Bottom line, the ABA is projecting the economy not to bottom out until late in 2014. With over 90 banks already closed half way through 2010 and some 775 on the the "Troubled" list. The troubled list has a projected 70 percent failure rate.
thanks for tha update dawg
The DOW/SP00 leg down has started.
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