To: tejek who wrote (115667 ) 6/22/2012 11:22:52 AM From: RetiredNow Read Replies (2) | Respond to BTW, despite all of Bernanke's wrong-headed efforts, cheered on by Krugman, I think we're finding out that feeding the economy crack was never destined to solve the root causes. The economy is in real trouble, because those root causes were never addressed. There's too much debt in the system and there are too many criminals that Obama has refused to prosecute, who are running the system.Philly Fed: Now THAT Is A Disaster you need yesterday's Philly Fed survey: Firms responding to the June Business Outlook Survey indicated weaker business conditions this month. The survey’s indicators for general activity, new orders, shipments, and average work hours were all negative this month, suggesting overall declines in business. Input price pressures were less in evidence this month, with more firms reporting declines in input prices. And for the second consecutive month, more firms reported declines in prices for their products than reported increases. The survey’s indicators of future activity remained positive and improved slightly, suggesting that the current weakness in activity is expected to be short]lived. Riiight.The market was having none of it and sold off over 200 DOW points.
