It’s Not Obama’s Fault: Six Rules to Live By
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Original post: Shocking Weakness in Empire State Manufacturing Report
View article: Cross-Border Deflation: US Export Prices Collapse Most Since July 2009; How Damaging is Price Deflation?
See the original article here: Plotting the Number of Banks: Is the Goal One "TBTF" Bank?
In yet another oil price crash side effect, Dollar Denominated Loans in Saudi Arabia Jump 600% . Dollar borrowing in Saudi Arabia has surged seven-fold this year as the kingdom’s companies switch out of increasingly expensive local currency-denominated loans. About 65 percent of all loans taken out in Saudi Arabia through Tuesday were in dollars, compared with 13 percent for all of 2014, according to data compiled by Bloomberg
See original article: Majority in UK Now Favor Leaving EU; Businesses Told to Shut Up Over "Brexit Poll"
Establishment Survey +173K Jobs, Private Jobs +140,000; Unemployment Rate 5.1% Initial Reaction The establishment survey came in a weaker than expected 173,000 job. The Bloomberg Consensus estimate was 223,000 jobs. However, the preceding two months were revised up by 44,000 and wages were strong.
View original post here: Third Quarter GDP Model Inches Up to 1.5% on Auto Strength
Continue reading here: Interest Rates and Bond Yields: Where are They Headed? September Hike Ideal? Is the Bond Bull Market…
View original post here: Canada in Recession with Two Consecutive Quarters of Negative Growth