"...#1) China seems to be slowing down...
#2) Mortgage purchase applications are near a 13-year-low...
#3) U.S. consumer confidence is plunging...
#4) U.S. employment continues to lag...
#5) Impact from BP spill continues to grow...
#6) Massive budget crunch for America’s states...
#7) The “Easy Money” days may be behind us..."
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