July 30, 2008 at 8:30 pm (Uncategorized)

Now even the wealthy are starting to feel the pain…

Rosenberg Says `Well-Heeled’ Join the Pain: Chart of the Day

By Thomas R. Keene

July 30 (Bloomberg) — The U.S. economic slowdown has shaken the confidence of even the most affluent Americans as losses spread from housing to financial assets, according to economists at Merrill Lynch & Co.

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