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Link: Fed Funds Effective Rate Shows Fed Did Indeed Hike by 25 Basis Points
Link: Fed Funds Effective Rate Shows Fed Did Indeed Hike by 25 Basis Points
Massive Collapse in Trucking Shipments Every Month Since June A chart of the DAT freight index posted on CCJ Indicators shows a huge, ongoing collapse in trucking shipments. " Spot freight falls 15 percent: The amount of freight available on the spot market fell 15 percent in November from October, DAT reported last week.
Meanwhile my main theme for Q3 and Q4 of this year – the price of capital rising continues – I don’t need to remind you but it has been carnage. Tactical I leave 2015 risk wise very light on positions – my price signals are not flashing yet, and the only positions I will want to own are upside in crude (WTI), Gold/Silver, and a weaker US$
Read More: Empire State Manufacturing Contracts Fifth Month, Employment and Workweek Worst Since 2009
More: "War Games" Show Fed Worried About Commercial Real Estate, Interest Rates; Fed Weighs Consequences of "Macroprudential Tools"
Housing wire presents an interesting timeline of Ally’s actions in Ally Financial Getting Back Into Mortgage Business . GMAC’s ResCap was once of the nation’s top subprime lenders, but eventually GMAC and ResCap began dragging down Ally’s business, with ResCap eventually falling into bankruptcy.
More: Retail Sales Soft Again (Unless You Exclude Everything Weak); How to Uncover the Hidden Consumer Strength!