RANsquawk Market Wrap Up - Stocks, Bonds, FX etc. – 18/11/10

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[hedgeless_horseman]

U.S. Economy: Figures Show Recovery Accelerating

Nov. 18 (Bloomberg) -- The index of U.S. leading indicators rose for a fourth consecutive month, manufacturing surged in the Philadelphia area and jobless claims climbed less than forecast, signaling the world’s largest economy is accelerating.

That is some strong shit they are smoking!

http://noir.bloomberg.com/apps/news?pid=20601010&sid=azzKDx73v9Y8

[max2205]

And the. We have this BS: 3:48 PM Agriculture Secretary Tom Vilsack says skyrocketing prices in the futures markets don't mean a bump in food costs for consumers. Farmers aren't reaping the full benefit of higher prices so consumers don't pay the full cost, he says, and businesses across the sector have low debt levels, making it easier to weather volatile markets. 5 Comments [Market]p

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