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Read More: Another Unbelievable Stress-Free Test; Whitewash Math and Deferred Tax Assets
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Flash Germany Composite Output Index at 54.3 (54.1 in September), 3-month high. Flash Germany Services Activity Index at 54.8 (55.7 in September), 4-month low. Flash Germany Manufacturing PMI at 51.8 (49.9 in September), 3-month high
Late Payments by Ibex Companies Hits €47 Billion, 169 Days (3 Times Legal Time Limit); Ibex vs. DOW Lack of significant improvement in payments by IBEX companies to suppliers is yet another another sign there isn’t much of a recovery in Spain
Read the original: Saxo Bank CIO Jakobsen Predicts Another "Shock Drop" in Markets; Addicted to Cheap Money
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View article: McDonald’s Vows Fresh Thinking After Net Income Declines 30%; Mish Offers Some Advice
View original post here: Challenge to Keynesians "Prove Rising Prices Provide an Overall Economic Benefit"
Read the original post: Irony of the Day: Yellen Moans About Income Inequality; Seven Things That Cause Inequality
Here’s a story that really caught my eye: Wal-Mart offers bleaker outlook for sales and profit growth .