IC printed this a.m. at 395k on consensus of 402, as usual, last weeks 400k print was revised to 402k. The pre-market trade gained a boost from the data as hollow as it is.
As for the g-7/G-20 pledge to calm the markets, the NYT reports this morning that a total ban on short selling in Europe is just around the corner.
Here's the text of the article
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