Hard hitting global and local news
See more here: Greek Banks Need €14 Bn Recapitalization Following Latest Stress-Free Tests
Personal Income, Consumer Spending Weaker Than Economists Expect Today’s Personal Income and Outlays report came in below Consensus Estimates . Inflation is not building based on the Fed’s favorite reading, the core PCE price index which inched a lower-than-expected 0.1 percent higher in September with the year-on-year rate steady and flat at only plus 1.3 percent
Originally posted here: Former Australia Prime Minister Chastises EU on Securing Borders, Economic Migration; Mish for President Review
Originally posted here: Courage to Act; Reflections on Fed Hubris; What if Whatever it Takes is Not Enough? Fed Troika?
See the article here: Final 3rd Quarter GDPNow Forecast vs. Consensus Estimates Ahead of 3rd Quarter GDP Release
Read More: EU Rules Bitcoin is a Currency, US Says Bitcoin is a Commodity; Which Side is Correct? What About…
Follow this link: Slovenia Calls on Army, Private Security Forces, Ponders Article 222 for EU Military Aid to Halt Flow…
Refugees will Freeze to Death Warns Juncker Without assigning any blame to himself for the predicament, Juncker warns Refugees Will Freeze to Death . Migrants crossing the Balkans will begin freezing to death as winter approaches, the head of European Union has said, as leaders warned the continent was "falling apart" trying to deal with the biggest refugee crisis since the Second World War
Warning Shot: Poland Elects Rightwing Eurosceptic, Anti-Immigration Government A direct consequence of rising anti-immigration sentiment, Poland Elects Rightwing Eurosceptic, Anti-Immigration Government by an outright, albeit slim majority according to exit polls. Final results are due tomorrow.
More here: IMF Prepared to Bless Yuan As Reserve Currency; Reason to Celebrate? Any Real Significance?