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See original article: Weekend Humor: Safety First – Image of a German, a Greek, and the IMF Designing a Rescue
Sentiment as a Measure of Health of the Economy; Sentiment Theory vs.
Taken from: Industrial Production Jumps on Surge in Auto Production; Revisions and Seasonal Adjustments in Play
The Illinois Policy Institute reports Manufacturer Moves Out of Madigan’s Backyard, Cites Unfriendly Business Climate . Illinois’ manufacturing meltdown is showing no signs of stopping. Hoist Liftruck, a manufacturer of industrial forklifts, has announced plans to move more than 300 manufacturing jobs from Bedford Park, Illinois, to East Chicago, Indiana
1st Quarter: +0.6% 2nd Quarter: +2.3% The retail sales revisions may add another 0.2% or so to second quarter, assuming there are no other changes. That’s a huge assumption given the history of revisions in nearly every economic number
Retail Sales Exceed Expectations, Huge Upward Revisions Retail sales, led once again by autos, beat the Bloomberg Economic Consensus .
Massive Fireball Explosions in Chinese Port City of Tianjin Kill 17; Video Footage, Images, Logistics, Reader Anecdotes A shipment of explosives went up in flames in the Chinese city of Tianjin. The Guardian reports least 17 Dead and Hundreds Injured
View the original here: Don’t Worry, There’s Only One Cockroach
Links The Worth of Gold Growing by the Day August 12, 2015 ( F. William Engdahl – NEO ) – The worth of gold in the world is growing by the day
Reader Question: Is China a Currency Manipulator? Posted by Michael Shedlock at 5:59 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice