Suddenly, The Talk Turns To Depression
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Price: $56.11 -0.16%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2%
Revenue Growth %: +11.2%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2%
Revenue Growth %: +11.2%
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From 247wallst.com
A number of seemingly unrelated pieces of news in the last day showed that several high profile people and organizations are at least considering the idea that the global economy could slip into a depression.
It was a bad day for anyone hoping to see stimulus money put to work creating jobs quickly. Those for and against the Administration's plan to right the economy spent the day shooting mortar rounds at one another in the Capitol.
In the financial sector, rumors that Bank of America (NYSE: BAC) might be nationalized nearly turned shares in the firm into a penny stock.
CONTINUE READING AT 247wallst.com >>>>
A number of seemingly unrelated pieces of news in the last day showed that several high profile people and organizations are at least considering the idea that the global economy could slip into a depression.
It was a bad day for anyone hoping to see stimulus money put to work creating jobs quickly. Those for and against the Administration's plan to right the economy spent the day shooting mortar rounds at one another in the Capitol.
In the financial sector, rumors that Bank of America (NYSE: BAC) might be nationalized nearly turned shares in the firm into a penny stock.
CONTINUE READING AT 247wallst.com >>>>
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