Worldwide Demand Nosedives 50% For Vital Economic Goods
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Wall Street was rocked by a huge plunge in orders for ASML, a company that produces machines that touch practically every part of the global economy. That was followed by another four-letter firm, LVMH, which reported a shock decline in revenue. Both showing the same thing from very different angles, further confirming - along with swap markets - why there will be another leg down in interest rates.
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