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Consumer Reports: They're Tapped Out!

BY DAVID FRY | JUNE 30, 2009 | 6:58 PM | 0 COMMENTS

Um, “worse than expected”? I guess that sums it up today as Consumer Confidence data was terrible.

Stock price declines today were milder than expected given the news. But, silly me, I forget that this is the quarter and mid-year end—there are bonuses to be had and bullish headlines to be written.

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