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The Trickle Up Theory

7 May 2009
The Trickle Up Theory By David Glenn Cox Wonderful news, the recession is over and we won! Of course, when I say we I mean Wall Street and the big banks. May 6 (Bloomberg) — A peak in the number of jobless claims signals the worst U.S. recession in half a century may end in June, according to Thomas Lam, an economist at United Overseas Bank Ltd. in Singapore. May 6 (Bloomberg) — U.S. stocks advanced to a four-month high as investors speculated banks don’t need as much (...)


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