The Weekly Bottom Line

 
 
 
 
 

by IBTimes

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Revisions, revisions, revisions! With all the uncertainty surrounding the economy these days, revisions are becoming more common and more extreme. In the U.S., a staggering downward revision to fourth quarter GDP shocked markets this morning, while the rapid deterioration in both the U.S. and Canadian economies alongside only modest improvements in credit conditions has driven TD Economics to downgrade growth forecasts.

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02/27/2009

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