Hard hitting global and local news
See original article: Hoisington 4th Quarter Review: Failure of the Fed, How QE Acts to Contract the Economy
View the original here: Factory Orders Decline Again, Previous Month Revised Lower
Continued here: Former Dallas Fed Governor Richard Fisher Goes to Squawk Box Confessional: "We Frontloaded A Tremendous Market Rally"; Transcript…
More here: December US New Car Sales "Down, Exceptionally Weak" Says Bloomberg; WSJ Says Up and Strong
Taken from: Government "Processing Error" Sinks Housing Reports for Entire Year; Where to From Here?
An article just came my way expressing that same viewpoint. It’s a New York Magazine Interview With Michael Burry, Real-Life Market Genius From The Big Short , head of Scion Asset Management
I have a watchful eye on initial unemployment claims. They have been trending higher (unexpectedly of course) since mid-October. Initial Claims 2015 Econoday economists were surprised by the jump.
A "Mish Together" January 5, 2016 Posted by Michael Shedlock at 2:22 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. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s)
Read the original: Pending Home Sales Decline 0.9%, Well Below Lowest Estimate; About that "Know Before You Owe" Theory
Read the original: Get Your Money Out of Italian Banks Now! Austerity and Bail-Ins Fan Populist Flames; Italy’s 5-Star Movement…