Existing Home Sales Plunge 10.5%, NAR Blames "Know Before You Owe"; What’s the Excuse for Last Month?
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Original post: Reshoring Myth Explodes: Offshoring Outpaces Onshoring Every Year Since 2004 Except 2011
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In the Wake of Podemos’ Unexpected "Victory"; Unsavory Demands; Expect New Elections Spanish mainstream political parties are reeling from the unexpected rise of Podemos. The radical left anti-austerity, eurosceptic party was sinking rapidly in the polls with a mere 16% of the projected vote a week ahead of the election.
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Record Oil Output From Russia Despite Low Prices Here’s one for the "this was not supposed to happen, and nobody saw it coming" book. Bloomberg reports on the Siberian Surprise: Russian Oil Patch Just Keeps Pumping . In the fight for market share among the world’s oil producers this year, Russia wasn’t supposed to be a contender.