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Time to Panic? Not Yet
It was a lousy day for stocks, but not a panic day. Volume at the NYSE just average today. And yes the VIX was up 9 percent today, but look a little farther out: July VIX futures only up 2.9 percent, November 1.6 percent. futures squawk 20 May 2012
GDP Disappoints, but Stock Futures Rise!
First look at U.S. first quarter gross domestic product was disappointing, at 2.2 percent, well below consensus of 2.6 percent. Much of the debate on the U.S. economy could be summed up simply: Do you think growth will be north of 2.5 percent this year, or south of that? More ammunition for the bears. futures squawk 20 May 2012
Romney's One Moment In Time
Tuesday's five primaries are going to be a key moment for Romney and the RNC. futures squawk 20 May 2012
Mitt Romney's One Moment In Time (The Note)
By MICHAEL FALCONE (@michaelpfalcone) and AMY WALTER (@amyewalter) NOTABLES: NAME THAT NOMINEE: Assuming a strong showing in tomorrow?s primaries, the Republican National Committee is signaling it is likely time to start calling Mitt Romney the ?presumptive Republican nominee.? It may seem obvious, but the distinction... futures squawk 20 May 2012
Even Traders Are Confused About the Jobs Report
Stock futures moved in an 11-point range in about 3 minutes on confusion over the April nonfarm payrolls reports (115,000 vs. 168,000 consensus). The March revision - to 154,000 from 120,000 helped assuage the miss ... but is the trend improving or deteriorating? Even traders are confused. futures squawk 20 May 2012