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thogan

Rules and directions

Ben Bernanke once got lost on his way to a meeting in Washington, D.C. When Bernanke stopped to ask for directions, the exchange went something like this

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Aaron Nathans

Retail Sales Numbers Jarring, Perplexing

A surprise retail sales report showing a bigger-than-expected drop in most categories is a reason to pay attention – but it’s hard to draw any meaningful conclusions from a single report, however jarring.

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