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How Will the Government Shutdown Impact the Economy?
Tuesday, October 1, 2013 - 7:02am | 599The House and the Senate were not able to agree on a bill to fund the government and the shutdown has officially started this Tuesday. The republican opposition for the Affordable Care Act remained the major source of conflict within the Congress. Stocks fell Monday as investors anticipated...
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Lawrence Meyer: Today's Fed Meeting, Boring and Anticipated
Tuesday, March 13, 2012 - 8:28am | 178Former Federal Reserve governor Lawrence Meyer thinks today's Fed meeting will have nothing of value to offer where the market interest is the highest: policy. "The Fed will have to be cautious about upgrading. It will have to acklowledge that the labor markets have improved. It will have to...
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Larry Meyer: "QE Not the Next Thing to Happen"
Wednesday, November 2, 2011 - 8:14am | 284Larry Meyer, former member of the Federal Open Market Committee and founder of Macroeconomic Advisers, was just on CNBC talking about what he thinks might happen at the Federal Reserve meeting later today. When the Fed comes out with its next decision at 12:15 p.m. today, Meyer said that he wants...
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GDP Outlook Slashed
Thursday, October 14, 2010 - 2:16pm | 67Macroeconomic Advisers slashed its third-quarter GDP forecast to 1.2%, cutting its view by 0.4% as the U.S. trade deficit widened in August. "Exports were weaker than expected, while imports were stronger than expected, implying lower net exports in the third quarter than previously estimated,"...
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ADP Report Indicates The Addition Of 42,000 Jobs By The US Private Sector In July
Wednesday, August 4, 2010 - 9:22am | 99According to the ADP employment report released today, US private-sector firm employment has increased 42,000 in July. The employment number released by the ADP report far exceeds the expectations of a gain of 30,000 jobs by economists surveyed by Bloomberg News. Joel Prakken, chairman of...