CL Redux

Here's that report.

March 29, 2011, 9:30 a.m. EDT
Syria's government resigns: reports

BOSTON (MarketWatch) -- Syrian President Bashar al-Assad has accepted the resignation of his country's government, according to published reports Tuesday that cited an announcement on state television. Syria's 32-member Cabinet stepped down in an effort to appease ongoing unrest and violent protests that have roiled the country for weeks, the Associated Press reported. Assad, who has been in power for more than a decade, is expected to address the nation within the next 24 hours.
 
Quote from Visaria:

Confidence number at 3pm gmt
BTW this is in 5 mins. :) I was just going to post this too. I can't imagine it would be up. How could that happen?


ADD Although as I recall it was bad last time too. So maybe it could be better than that. We'll see here shortly.
 
Quote from BCE:

BTW this is in 5 mins. :) I was just going to post this too. I can't imagine it would be up. How could that happen?


ADD Although as I recall it was bad last time too. So maybe it could be better than that. We'll see here shortly.

if it's bad, it's bullish for crude, more QE.
 
March 29, 2011, 10:00 a.m. EDT
Consumer confidence falls sharply in March

WASHINGTON (MarketWatch) - Consumer confidence experienced its biggest one-month drop in over a year, falling sharply in March owing to worries about rising prices and stagnant incomes, according to the latest survey by the nonprofit Conference Board. The board's index dropped to 63.4 last month from a downwardly revised 72.0 in February. Economists polled by MarketWatch expect the index to decline to 62.2 from February's initially reported level of 70.4. The rising prices of gas and food are among the biggest concerns of American consumers. Several other reports on the outlook of consumers have also shown sharp declines in March. Lynn Franco, an economist with the Conference Board, said the decline in consumer confidence "will likely impact spending decisions." Consumer spending accounts for about two-thirds of U.S. economic growth.
 
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