Hard hitting global and local news
Visit link: Wholesale Trade Down 1%, Inventories Down -0.3% but Inventory-to-Sales Ratio Rises
Read More: Former Dallas Fed President Richard Fisher Goes to Squawk Box Confessional: "We Frontloaded a Tremendous Market Rally"; Transcript…
Continued here: Is the Oil Bottom In? Reflections on Value, Volume, Other Ideas
Visit link: Yuan Movements Highlight China’s Attempt to Halt 10th Month of Export Contraction; Major Currency War Coming Up?
Bloomberg reports Sweden Seen Closer to Krona Intervention to Tame Exchange Rate . Some of Scandinavia’s biggest banks are warning investors not to underestimate the risk that the central bank is preparing to intervene in the currency market. Nordea and SEB both say the Riksbank won’t allow the krona to strengthen beyond 9 against the euro.
Original post: Core Capital Spending Down 10 Consecutive Months; Soft Rebound in 2016?
View the original here: California Referendum Would Force Politicians to Wear Logos of Donors
View article: Millions of Foreign Visitors Overstay Visas: Precisely How many? No One Seems to Know; Does Obama Care?
Taken from: Chicago PMI Crashes, New Orders and Backlogs Plunge to May 2009 Level; Service Economy Headed for a Slowdown?
