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“The real economy has improved,” Yuwa Hendrick-Wong from MasterCard Worldwide said Wednesday. “At the moment, equities everywhere, especially in Europe, to a lesser extent in the US, are way ahead from what we can see in the real economy.” He sees stocks going into a “period of volatility.”
Inside Fed Beige Book: April 2010
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Obama Creates Fiscal Responsibility Commission
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President Obama announces the creation of a bi-partisan National Commission on Fiscal Responsibility and Reform.
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