Month: October 2012

October 31, 2012 0

Governor Chris Christie Strongly Praises Obama’s Response to Sandy; Could Christie’s Comments Tip the Election?

By News Desk

Here’s a headline story including an interview on Fox news that caught me by surprise: New Jersey Chris Christie Praises Obama, Doesn’t ‘Give a Damn’ about Election Day The presidential candidates have canceled all campaign events on Tuesday, but Republican New Jersey Chris Christie seemed to be stumping for President Barack Obama by appearing on several networks to praise the federal response to Hurricane Sandy. In an interview on NBC, Christie called Obama "outstanding" for expediting relief efforts. He also told MSNBC that Obama "deserves great credit.

Japan Manufacturing PMI Falls to 18-Month Low
October 31, 2012 0

Japan Manufacturing PMI Falls to 18-Month Low

By News Desk

Output and new orders both down at sharper rates Employment falls at fastest pace since July 2009 Average output charges pared to steepest degree since December 2009 Summary October’s PMI data indicated a further deterioration in the performance of the Japanese manufacturing sector. Orders and output both continued to fall during the month, while evidence of rising excess capacity led to a first reduction in employment for half a year. Manufacturers also intentionally cut back on their stock holdings as order books deteriorated and the outlook remained uncertain