Hard hitting global and local news
Bloomberg reports Yen Falls to August 2011 Low Versus Euro on Stimulus Bets .
Boehner Floats Fiscal Cliff “Plan B” Both house speaker John Boehner and president Obama have given ground in the “fiscal cliff” drama. The sides are still far apart but concessions now are steady
Many have heard of normalized P/E ratios based on 10-year earnings averages and the concept of reversion to the mean. To the best of my knowledge no one has attempted to normalize unemployment rates based on demographic trends, although some have attempted unemployment normalizations based on changing definitions of the meaning of unemployment
Also consider Calpers Bankruptcy Strategy Pits Retirees vs. All Others .
Empire State Manufacturing Index Declines 5th Straight Month; Profit Squeeze Underway Posted by Michael Shedlock at 2:46 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s)
The newspapers and politicians do not see it that way and Gloves come off in Google v Germany . Google and German newspaper publishers are poised to trade blows at a parliamentary hearing at the end of January over plans to allow Germany’s print media to charge internet search engines for displaying links to newspaper articles
The days of getting carpal tunnel syndrome from cutting meat are now over, at least as measured by a meat processing plant in Greece, shown in the video below. The video starts out a bit slow, but is rather fascinating once it gets going.
The Japanese election hands former prime minister Shinzo Abe a chance for redemption according to The Guardian .
House speaker John Boehner made an incremental move in Obama’s direction in regards to tax hikes.