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Hard hitting global and local news
View post: Brazil, Russia Cancel Debt Auctions; Head-in-Sand Move Won’t Work
Originally posted here: Obamacare Creates Incentive to Work Less; CBO Estimates Obamacare Will Cost 2 Million Full-Time Equivalent Jobs by…
Taken from a Barron’s roundtable discussion, ZeroHedge reports Marc Faber Warns "Insiders Are Selling Like Crazy… Short US Stocks, Buy Treasuries Gold"
Read the original post: Warming up to the Warming World MOOC
Today, the New York Times reports Detroit Turns Bankruptcy Into Challenge of Banks . Amy Laskey,a managing director at Fitch Ratings, said in a recent report that she sensed an “us versus them†orientation toward debt repayment
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Is Portugal about ready to implode?
ISM Report Snips PMI Manufacturing expanded in January as the PMI® registered 51.3 percent, a decrease of 5.2 percentage points when compared to December’s seasonally adjusted reading of 56.5 percent. A reading above 50 percent indicates that the manufacturing economy is generally expanding; below 50 percent indicates that it is generally contracting.