Tag: alternative

May 29, 2015 0

First Quarter GDP -0.7%; GDPNow Second Quarter Forecast +0.8%; Economists Get Zero Accolades; Smoothed Recession Odds

By News Desk

First Quarter GDP -0.7%; GDPNow Second Quarter Forecast +0.8%; Economists Get Zero Accolades; Smoothed Recession Odds First quarter GDP came in at -0.7% pretty much in line with the Bloomberg Consensus estimate of -0.8%. First-quarter GDP was revised down about as expected, to minus 0.7 percent vs expectations for minus 0.8 and compared with an initial reading of plus 0.2 percent. Updated source data made for a bigger negative contribution from net exports as imports spiked 5.6 percent from an initial gain of 1.8 percent.

April Greek Capital Flight €5 Billion; Eurozone Liabilities Hit €115 Billion
May 28, 2015 0

April Greek Capital Flight €5 Billion; Eurozone Liabilities Hit €115 Billion

By News Desk

The ECB is attempting to stem the flow by not upping emergency liquidity assistance (ELA) as noted yesterday in Run on Greek Banks Accelerates; ECB Halts Emergency Funding Hike; Untangling the Lies Everyone Prepared? When the ECB and Germany say they are prepared for Grexit, do they include taxpayers who will have to foot the bill for default? My friend Lars from Norway pinged me with this observation today…

Regional Manufacturing Comparative Wrap-Up: Empire State, Philly, Kansas City, Richmond, Dallas
May 26, 2015 0

Regional Manufacturing Comparative Wrap-Up: Empire State, Philly, Kansas City, Richmond, Dallas

By News Desk

Regional Manufacturing Comparative Wrap-Up: Empire State, Philly, Kansas City, Richmond, Dallas Posted by Michael Shedlock at 2:49 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.

America Admittedly Behind ISIS "Surge"
May 25, 2015 0

America Admittedly Behind ISIS "Surge"

By News Desk

Links America Admittedly Behind ISIS "Surge" May 25, 2015 ( Tony Cartalucci – NEO ) – Taking advantage of a Syrian military stretched thin to protect everywhere at the same time, high concentrations of well-coordinated Al Qaeda forces, based in NATO-member Turkey as well as in US-allies Jordan and Saudi Arabia, have attacked across several fronts. The tactical and strategic gains are minimal compared to the initial stages of the West’s proxy war against Syria beginning in 2011, but the Western media is intentionally fanning the flames of hysteria specifically to break both support for Syria from abroad, and fracture resistance from within.

Greece Will Default on June IMF Repayment Says Interior Minister; Greek Choice Same As It’s Always Been
May 24, 2015 0

Greece Will Default on June IMF Repayment Says Interior Minister; Greek Choice Same As It’s Always Been

By News Desk

The Telegraph reports Greece to Miss IMF payments Amid Fears of ‘Catastrophic’ Eurozone Rupture . Finance minister [Yanis Varoufakis] said that the Syriza-led Greek government has now “made enormous strides at reaching a dealâ€, and that it is now up to the ECB, IMF and EU “to do their bit†and “meet us one-quarter of the wayâ€. One possible alternative if talks do not progress is that Greece would leave the common currency and return to the drachma.

Project Bookend: BoE Emails Guardian Top Secret Documents on Brexit, Including PR Notes on How to Deny the Project
May 23, 2015 0

Project Bookend: BoE Emails Guardian Top Secret Documents on Brexit, Including PR Notes on How to Deny the Project

By News Desk

Here’s a major laugh for a long holiday weekend in the US: Secret Bank of England taskforce investigates financial fallout of Brexit Bank of England officials are secretly researching the financial shocks that could hit Britain if there is a vote to leave the European Union in the forthcoming referendum. The Bank blew its cover on Friday when it accidentally emailed details of the project – including how the bank intended to fend off any inquiries about its work – direct to the Guardian. According to the confidential email, the press and most staff in Threadneedle Street must be kept in the dark about the work underway, which has been dubbed Project Bookend.