Hard hitting global and local news
I have a watchful eye on initial unemployment claims. They have been trending higher (unexpectedly of course) since mid-October. Initial Claims 2015 Econoday economists were surprised by the jump.
Taken from: Chicago PMI Crashes, New Orders and Backlogs Plunge to May 2009 Level; Service Economy Headed for a Slowdown?
A "Mish Together" January 5, 2016 Posted by Michael Shedlock at 2:22 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s)
Read the original: Pending Home Sales Decline 0.9%, Well Below Lowest Estimate; About that "Know Before You Owe" Theory
Read More: Saudi "Anti-Terror Coalition" a Facade to Hide Yet More Terrorism
Error Over Quota This application is temporarily over its serving quota. Please try again later.
Read the original: Get Your Money Out of Italian Banks Now! Austerity and Bail-Ins Fan Populist Flames; Italy’s 5-Star Movement…
More: Watts’ argument in reality is that the denialist claim of no warming is wrong
