Hard hitting global and local news
Hard hitting global and local news
ISM a Leading Indicator of Jobs? Why 2016 Will Shock to the Downside! ISM a Leading Indicator of Jobs
Continued here: Former Dallas Fed Governor Richard Fisher Goes to Squawk Box Confessional: "We Frontloaded A Tremendous Market Rally"; Transcript…
More here: December US New Car Sales "Down, Exceptionally Weak" Says Bloomberg; WSJ Says Up and Strong
PCE declined by 0.13. That’s a total of decline for those three components of 0.37 percentage points. Part of that decline was based not only on revisions, but also on a month-over month decline in November construction spending of 0.4 percentage points. If 3/4 of the decline in those components is due to construction spending, then I estimate third quarter GDP will be revised about .57 percentage points lower, second quarter .56 percentage points lower, and first quarter .21 percentage points higher
Taken from: Government "Processing Error" Sinks Housing Reports for Entire Year; Where to From Here?
Read more here: Flattening of the Yield Curve in Pictures; Is an Inversion Necessary to Signal a Recession?
Read this article: Manufacturing ISM Sinks to January 2009 Low; Don’t Count on Services or Housing to Save the Day
Amnesty International’s report, " Saudi Arabia: Appalling death sentence against Shi’a cleric must be quashed ," would claim: Evidence for all the other charges he was convicted of came from religious sermons and interviews attributed to the cleric. Amnesty International’s review of these texts confirms that he was exercising his right to free expression and was not inciting violence