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Thursday, September 18, 2014

Warren Buffett: America Comes Back, It Always Comes Back

Sept. 18 (Bloomberg) -- Michigan Governor Rick Snyder, Goldman Sachs Chairman and CEO Lloyd Blankfein, Billionaire Investor Warren Buffett and Bloomberg LP Founder and Majority Owner Michael Bloomberg discuss Detroit, technology, the economy and Goldman Sachs 10,000 small businesses program with Bloomberg’s Eric Schatzker. (Source: Bloomberg)

Wednesday, September 17, 2014

Janet Yellen FOMC Statement

Press Conference with Chair of the FOMC, Janet Yellen

 FOMC statement:
Information received since the Federal Open Market Committee met in July suggests that economic activity is expanding at a moderate pace. On balance, labor market conditions improved somewhat further; however, the unemployment rate is little changed and a range of labor market indicators suggests that there remains significant underutilization of labor resources. Household spending appears to be rising moderately and business fixed investment is advancing, while the recovery in the housing sector remains slow. Fiscal policy is restraining economic growth, although the extent of restraint is diminishing. Inflation has been running below the Committee's longer-run objective. Longer-term inflation expectations have remained stable.

Tuesday, September 16, 2014

Managing China's Economic Slowdown

Stratfor Economic Analyst Mark Fleming-Williams and East Asia Analyst John Minnich discuss the Chinese government's attempts to move the economy up the value chain as the latest economic statistics indicate a slowdown

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