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Excerpt from: Bloomberg Contemplates Running for President as Independent; Longest of Longshots
See the article here: Former Hasbro CEO Says "Providence Should Consider Bankruptcy"; An Option Chicago Needs
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This revelation came from the Asian Financial Forum held in Hong Kong where Bernanke Downplayed China Impact on World Economy .
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Read the article: Manufacturing Inventories Decline But Inventory-to-Sales Ratio Doesn’t Budge; Another Recessionary Looking Chart
Empire State Manufacturing Index Posts Horrific -19.37, Lowest Reading Since April 2009 Economic data today was awful, at best. Retail Sales Were Negative , and that was arguably the best report. Let’s now take a look at the other reports starting with Empire State Manufacturing
Despite glowing reports of last minute Christmas sales, none of which I believed, December retail sales are best described as awful. Apparel was a standout, down 0.9%. The surprise here is that nobody blamed the weather.
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