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Recovery Summer(version 3.0)
It must be those damn Tea Partiers causing all the problems... Stocks tumbled amid growing fears of a global recession, as investors confronted a grim mix of U.S. economic data and fresh concerns about Europe's banks.
"If it's not a recession, it sure feels like one. And if it feels like one, it doesn't matter if you can prove it with statistics or not," said John Hailer, president and CEO of Natixis Global Asset Management in the U.S. and Asia.
Ugh....