From reader GC: Economy Shrinks at 6.1 Percent Pace in First Quarter [1]
Unemployment Up Again in Chicago In March, But Many Cities Fare Much Worse [2] (thanks to Ray L. for the link)
Linked at The Drudge Report: Phoenix leads nation in home price declines in February [3] (Down 51%!)
Commentary from Michael Pento: It’s Stagflation, Not Hyperinflation-For Now [4]
Items from The Economatrix:
Government, Chrysler Lenders Reportedly Reach Deal to Avert Bankruptcy [5]
Shares of BofA, Citi Drop on Stress Test Concerns [6]
GM to Force Over 1,000 Dealers to Close
China Admits to Building Up Gold Stockpile