22-Dec-2008 11:10 AM
Domestic yield growth running out of steam in the US
Analysis
The beleaguered US economy appears set for further weakness in the months ahead. Further contraction in the US Leading Index in Nov-08 suggests that the recession that began in Dec-07 will continue into the New Year, and the contraction in economic activity "could deepen further in the near term", according to The Conference Board.
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