August 26, 2015
Coal collapse and the first burst carbon bubble
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Eli Rabett Eli Rabett Eli Rabett is a not quite failed professorial techno-bunny, a chair election from retirement, at a wanna be research university that has a lot to be proud of but has swallowed the Kool-Aid. The students are naive but great and the administrators vary day-to-day between homicidal and delusional.
Durable goods orders this morning leapfrogged all economic estimates (see Durable Goods Orders Surprise to Upside, Led by Autos ). Yet the GDPNow Forecast only rose by .01%
Via translation, please consider Unidentified Investors Lent Belgium €50 Million for 100 Years at 2.5% Interest .
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More: Economic and Social Tipping Points: Have We Arrived?
Taken from: Another Wild Ride; Stocks Collapse Into Close; Dip Buyers Hammered; Overhead Supply
Visit site: Lessons in Gravity and Intervention; Do Something!
Regional Manufacturing Expectations From Mars Last month, economists were excited when the Richmond Fed Manufacturing index unexpectedly rose from 6 to 13. The excitement lasted one month.
Continue Reading: New Home Sales Rise From July Downdraft; Surprise Softness in Home Prices