August 24, 2015
US Equity Indices in Review: Buy-the-Dip Fails
Today’s action was not pretty, unless you were a bear. Here are a few charts to consider
Hard hitting global and local news
Hard hitting global and local news
Today’s action was not pretty, unless you were a bear. Here are a few charts to consider
Tweet Recently Doug Keenan has again taken up the cudgels against the Met Office with backing from the usual suspects and indeed, the Met Office has taken a decision not to engage further.  While the Met Office thinks  that some things Keenan says are interesting and very brave, with the greatest respect and they will hear what he says and bear it in mind, well, they choose not to devote further time to dealing with him.  A feature of these attacks are Keenan’s claims that the best time series analysts tend to be in finance ( see comment ).
Bond Funds Post 3rd Week of Outflows Posted by Michael Shedlock at 2:01 AM 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.
Tweet RWE (Rheinisch-Westfälischen Elektrizitätswerk) is one of the largest electrical power companies in biggest soft coal (aka dirt or lignite) mining operations in the world. It is also home base for Fritz Varenholt , one of Germany’s most active solar fans (nonono, not wind energy, he don’t like that or solar power either, but the sun, the sun, not greenhouse gases are the thing for Fritz). Anyhow RWE is in big trouble because of the Energiewende, folks are not paying as much for what they make because they are using less of it and RWE is deep into coal and gas power generators. Germany and operators of one of the largest lignite (brown coal, aka dirt) mines in the world The Sueddeutsche brings news of a major reorganization typical of a failing concern that had overexpanded in the fat times. Many of the 100 formerly more or less independently operating subsidiaries, with their own boards, are being hovered up into 32 and what is left will be directly controlled by the mothership. The command module will, of course, expand. The large pink elephant of a headquarters building has been sold off, from which bunnies gather that they are turning stuff into cash as fast as they can.
See more here: Long-Term Treasuries Rally in Face of Increasing Odds of September Hike; Taper Tantrum in Reverse?
See the original post: Wage Growth Accelerating? By How Much? Total Compensation and the Obamacare Effect
Truthout reports Seven Things That Might Surprise You About California’s Drought . 1
See the article here: GDP Bounce: Disappointing Mixed Bag of Expectations and Revisions; Where to From Here?
See original article: What’s the Rise in People Without Fulltime Employment Since 2009? What "Should" It Be?
The Wall Street Journal reports Fed Signals Rate Hikes at a Gradual Pace The Federal Reserve signaled it was moving toward interest-rate increases later this year now that signs of a slowdown in economic activity are waning, but the path of rate increases could be less steep than officials anticipated. The last time the Fed made such projections, its consensus appeared to be building around two rate increases this year