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>> SOCIETE GENERALE Latest News

OCT 23, 2013 - Zero Hedge

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Futures Slump As China Tapering Fears Trump Hope Of Extended Yellen Liquidityhose

There was some hilarious news overnight: such that supposedly Spain's GDP rose 0.1% in Q3 thus ending a 2+ year recession. There is no point to even comment on this "recovery" - we will merely remind that starving your economy of imports for the sake of generating a GDP-boosting trade surplus, while consumption declines, solves nothing and point readers to charts of Spanish non-performing loans, housing prices, and unemployment, oh and the massive Bad Bank of course, and leave it at that. In terms of real news, futures are lower following a drubbing in Asia over the previously discussed ... Read More

Tags: Futures Slump As China Tapering Fears Trump Hope Of Extended Yellen Liquidityhose,  Societe Generale Latest News