Here is your Crux PM update:
$400 billion budget shortfalls could bring state economies to a halt
Local governments could cut 500,000 jobs this year...
Jeff Clark: Now is a great time to sell
"We kicked off the month of July with a brand new bear market..."
This China growth story has nothing to do with gold, energy, or commodities
Beaten-down stock could benefit from country's expanding middle class...
The stock market earnings story you haven't heard
"This is a reality check..."
Nassim "Black Swan" Taleb: The government is a Ponzi scheme
"They need to find new suckers all the time. And unfortunately the world has run out of suckers."
Short-selling plunges to 2-year low
Dearth of sellers could be a contrary indicator...
Regards,
Justin Brill
Managing Editor, The Daily Crux
www.thedailycrux.com
Wednesday, 28 July 2010
Posted by Britannia Radio at 08:38