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Microsoft’s Activision Deal Blocked by UK

Bloomberg Businessweek

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The Slowing Economic Indicators

For us, I think the low bar that companies are stepping over here because earnings were revised down pretty significantly heading into the quarter. But for us, it's probably more the risk in the back half to earnings due to slowing economic growth. If you look at the GDP now, for example, from the Atlanta Fed, that was two and a half percent last week. It's now 1.1 percent so we'll see what that looks like.

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