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	<title>Stock Blog Hub &#187; TIPS</title>
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		<title>(WMT) Words from the (investment) wise for the week that was (August 11 – 17, 2008)</title>
		<link>http://www.stockbloghub.com/2008/08/17/wmt-words-from-the-investment-wise-for-the-week-that-was-august-11-%e2%80%93-17-2008/332</link>
		<comments>http://www.stockbloghub.com/2008/08/17/wmt-words-from-the-investment-wise-for-the-week-that-was-august-11-%e2%80%93-17-2008/332#comments</comments>
		<pubDate>Mon, 18 Aug 2008 04:40:11 +0000</pubDate>
		<dc:creator>prieur</dc:creator>
				<category><![CDATA[Discount Variety Stores]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[ET]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JCP]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JWN]]></category>
		<category><![CDATA[KSS]]></category>
		<category><![CDATA[TIPS]]></category>
		<category><![CDATA[WMT]]></category>

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		<description><![CDATA[Almost exactly a year after the advent of the credit debacle, the term “credit crunch” squeezed into Britain&#8217;s Chambers dictionary, defined as “a sudden and drastic reduction in the availability of credit”. Fittingly, the past week witnessed market participants focusing anew on deteriorating global growth prospects, arguing that slower growth and belt-tightening times could reduce inflation pressures. A wave of weak data hit the global economic headlines during the week. Real GDP growth in the Eurozone contracted by 0.2% in the second quarter, the first decline since record-keeping for the Euro area commenced in 1995. Germany and France, the two largest economies of the group, recorded declines in GDP of 0.5% and 0.3% respectively. The UK economy is on the verge of a recession, facing its gloomiest outlook since the ]]></description>
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