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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?
The London Guardian stated in its article " Paris attacks galvanise international efforts to end Syria war " that: The Isis attacks in Paris have galvanised international efforts to end the war in Syria, with a new deadline set for negotiations between the warring parties and for a country-wide ceasefire. There is still no sign of agreement, however, on the key question of the future of the Syrian president, Bashar al-Assad. It should seem extraordinary to the global public that even after the attacks in Paris, the West still insists on undermining the Syrian government toward its goal of "regime change," which includes continued material support to armed militants – all of which are extremists, and many of which have either coordinated with, or fought under the banner of Al Qaeda and even the self-proclaimed "Islamic State" (ISIS). This is also considering the fact that the Syrian government is now currently engaged in battle with ISIS in and around Aleppo, and is currently threatening to sever its supply lines leading out of NATO-member Turkey’s territory
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Read More: Nouriel Roubini: "Positive Impacts of Paris Attacks Modest Unless More Attacks Follow"