Hard hitting global and local news
The Wall Street Journal explains Low Crude Prices Catch Up With the U.S. Oil Patch . U.S
SupplyChain247 asks Is the U.S.
For example, the New York Times reported in March Wells Fargo Puts a Ceiling on Subprime Auto Loans . Wells Fargo, one of the largest subprime car lenders, is pulling back from that roaring market, a move that is being felt throughout the broader auto industry.
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.
View article: Housing Starts Plunge 11% to 7-Month Low: Single-Family Down 2.4%, Multi-Family Down 25%; Hidden Strength?
Read More: Nouriel Roubini: "Positive Impacts of Paris Attacks Modest Unless More Attacks Follow"
Pat Buchanan asks (and correctly answers) the question Is Putin Our Ally in Syria? The President’s strategy is to contain, degrade and defeat ISIS. While no one has provided the troops to defeat ISIS, the U.S.
The Financial Times asks Could Attacks Have Been Prevented? While not every terrorist plot can be thwarted, authorities misses a huge number of warning signs. Coupled with inane acceptance of Syrian refugees, the EU virtually invited terrorist activity
These attacks fuel new questions about Europe’s border-free travel . Friday night’s attacks are now raising the possibility that the ease of movement that Schengen guarantees may have been used by the terrorists to wreak havoc.