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