July 25, 2008   |  Last Updated       13:30 ET
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Opinion & Analysis

Is the Eurozone Heading Off a Cliff?
by Claus Vistesen    | about: ERO

The latest data releases suggest that the Eurozone economy may well be heading for recession in Q3, at the least.

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  • 1:24 PM What state budgets indicate about the broader economy.
  • 1:04 PM Swollen energy prices are the number-one issue on Americans' minds, a new poll finds. The study has political implications: Voters prefer Democratic energy policy over Republican by a ratio of 42:22.
  • 12:40 PM "What we are in is a bear market that will be punctuated by ferocious counter-trend rallies that are welcome respites." - Vince Farrell
  • 12:14 PM UK retail sales experienced the biggest monthly fall in June since records began - or did they?
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  • 11:52 AM Short positions in all 19 financial companies covered by emergency SEC rule fell 85% since July 14. Fannie/Freddie down 98%. (Reuters)
  • 11:50 AM BlackRock's (BLK) Bob Doll says falling oil prices (possible drop to $100) are driving markets. BLK is "nibbling on financials." Energy stocks are a good idea, irrespective of oil prices.
  • 11:39 AM Stronger-than-expected new home sales suggest signs of stabilization are emerging - albeit at depressed levels.
  • 11:25 AM Microsoft (MSFT) insiders are pushing for Ray Ozzie, chief software architect, to take the reins at MSFT's online services business. "Ballmer has to have a win here."
  • 11:07 AM NYSE short interest hits another record.
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