| - US Needs 5-6% Growth to 'Heal Economy Quickly'
Treasury Secretary Timothy Geithner said focusing on cutting the budget deficit now would jeopardize economic growth at a time when jobs are starting to be created, but even if that occurs, the unemployment rate will stay high for "a long period of time." Bruce Kasman, chief U.S. economist at JPMorgan, discussed his views. » Read More - Bond: Russia—Europe's Bright Light of Growth
Russian consumers are able to spend, the Russian government has significant room to maneuver, and there is no need to endure a long and painful process of systemic deleveraging - all of which make Russia a smart play for growth-oriented investors. » Read More - The FDA's Big, Fat Advisory Committee Meeting
FDA advisory committee votes sometimes end in confusion. First, because the actual vote often gets all convoluted and recounted as some panelists hem and haw about voting thumbs up or thumbs down and try to equivocate their decision. And second, because no matter how many times I've explained it to people here, the votes get misread and miscommunicated as actual approval or rejection of a drug versus a recommendation that the FDA clear or spike a drug. » Read More |
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