November 20, 2015
Persistent Overoptimism Three Ways: Truckers, Fed Economists, Manufacturers
SupplyChain247 asks Is the U.S.
Hard hitting global and local news
Hard hitting global and local news
SupplyChain247 asks Is the U.S.
CNN reports More than Half the Nation’s Governors say Syrian Refugees Not Welcome . More than half the nation’s governors say they oppose letting Syrian refugees into their states, although the final say on this contentious immigration issue will fall to the federal government. States protesting the admission of refugees range from Alabama and Georgia, to Texas and Arizona, to Michigan and Illinois, to Maine and New Hampshire.
For example, the New York Times reported in March Wells Fargo Puts a Ceiling on Subprime Auto Loans . Wells Fargo, one of the largest subprime car lenders, is pulling back from that roaring market, a move that is being felt throughout the broader auto industry.
View original post here: Terrorist Mastermind Killed in Raid; France Blames Belgium; Criticized Belgium Locks Barn Door Read
Philly Fed Slightly Positive After Two Months of Contraction, but New Orders and Shipments Negative, Workweek Collapsed In what likely amounts to a bit of economic noise, the Philadelphia Fed regional manufacturing report posted a rise of 1.9, slightly beating the economic consensus of 0. Unlike Monday’s Empire State report which is pointing to out-and-out weakness for the November factory sector, the Philly Fed’s November report is no worse than flat and points to little month-to-month change for a sector, however, that continues to struggle.
After all, Facebook and Amazon are " need to own " stocks according to CNN Money.
Visit site: Tracking Manufacturing’s Perpetual Overoptimism
Read this article: Australia Considers Paperless Passports Based on Fingerprints, Face Recognition, Eye Scans; We Know Who You Are!
View article: Housing Starts Plunge 11% to 7-Month Low: Single-Family Down 2.4%, Multi-Family Down 25%; Hidden Strength?
