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Published on: Thursday, April 16, 2009

The Fed’s Beige Book found 5 out of 12 districts in the USA showed a moderation in the pace of contraction and that’s better than the opposite of this news! Also the Empire State Manufacturing Index was down only 14.65 but the market tipped minus 35. And the expectations index went from 3 to 33 between March and April.

 


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