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Posts Tagged ‘ calls ’

The Endless Parade of Recession Calls

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The Endless Parade of Recession Calls

Note: I’ve made one recession call since starting this blog.  One of my predictions for 2007 was a recession would start as a result of the housing bust (made it by one month – the recession started in December 2007).  That prediction was out of the consensus for 2007 and, at the time, ECRI was saying a...
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Europe: Sarkozy calls on ECB to support growth

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Europe: Sarkozy calls on ECB to support growth

From the Financial Times: Sarkozy breaks silence over ECB role “Europe must purge its debts, it has no choice. But between deflation and growth, it has no more choice. If Europe chooses deflation it will die. We, the French, will open the debate on the role of the central bank in the support of...
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Ginnie Mae calls 2011 ‘best year yet’

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Ginnie Mae calls 2011 ‘best year yet’

Ginnie Mae reported .18 billion in net income for the fiscal year 2011, more than double the 1 million the year before. Ginnie guarantees timely payment of principal of interest on securities backed primarily by Federal Housing Administration and Veterans Affairs loans. The previous earnings high came at million in 2008. Revenues slightly increased...
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