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Read the original: Pending Home Sales Decline 0.9%, Well Below Lowest Estimate; About that "Know Before You Owe" Theory
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Read the original: Get Your Money Out of Italian Banks Now! Austerity and Bail-Ins Fan Populist Flames; Italy’s 5-Star Movement…
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Original post: Fed a Creature of Financial Markets; The Draghi PUT; Global Crisis Coming Up
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Record Oil Output From Russia Despite Low Prices Here’s one for the "this was not supposed to happen, and nobody saw it coming" book. Bloomberg reports on the Siberian Surprise: Russian Oil Patch Just Keeps Pumping . In the fight for market share among the world’s oil producers this year, Russia wasn’t supposed to be a contender.
Please consider The Liquidity Trap That’s Spooking Bond Funds . The debt world is haunted by a specter—of a destabilizing run on markets. Last week, this took on more form even if there weren’t concrete signs of panic
See original article: How to Uncover Hidden Economic Weakness!
A Talking Points Memo reports Nearly Two-Thirds Of Likely GOP Voters Back Trump’s Muslim Ban . Republican presidential frontrunner Donald Trump’s recent proposal to ban all Muslims from entering the U.S. has far from hurt his poll numbers; in fact, a poll released Wednesday found that almost two-thirds of GOP primary voters back the widely-condemned plan