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...a lawyer at The Basile Law Firm, who has used New York state usury laws to void several small-company financing deals....
...“The [sales] mix was influential,” said Jonathan Basile, director of economics at Credit Suisse....
...And when Americans become more comfortable with selling their home, they also become more comfortable with buying another one,” said Jonathan Basile, director of economics at Credit Suisse....
...Imports rose 2.6 per cent to $225.1bn, the highest since July 2008’s record $231.6bn....
...The durable good orders fall weighed on market sentiment and helped send the S&P 500 stock index futures down 0.3 per cent to 1309.30 before the market opened....
...“It’s hard to sell when buyers have the leverage and foreclosures continue to create a gap between distressed sale prices and non-distressed sale prices,” said Jonathan Basile, director of economics at Credit...
...The dollar rallied and equity indices moved higher, with the S&P 500 index up 0.5 per cent....
...The data showed “no real hope in sight for the near future,” said David Blitzer, chairman of S&P’s index committee....
...Japan’s Nikkei 225 Average was off 2 per cent and Australia’s S&P/ASX 200 was down by 1.3 per cent. The FTSE Eurofirst 300 index declined 0.4 per cent while the S&P 500 index slipped by 0.3 per cent....
...“The theme of breaking no new ground on the lay-off front continues,” said Jonathan Basile, vice-president for economics at Credit Suisse. Materials and industrials led the market declines....
...Bulls may argue that such information has already been reflected in the S&P 500’s 15 per cent fall from its April high....
...“Terrible, just terrible,” said Jonathan Basile, economist at Credit Suisse, said of the goods report....
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