Hard hitting global and local news
Credit Yahoo!Finance for the inane headline of the day: Employers shrug off Obamacare, robbing Republicans of a campaign issue . Just 18 months ago, a Republican fantasy seemed about to come true. The Affordable Care Act was in the midst of a disastrous rollout plagued by dialup-stye technology snafus.
Follow this link: First Self-Driving Truck Hits the Road Already, Nevada License AU010
Link if video does not play: Chicago BOE to default? Three minutes flies by fast
On April 29 in Real Q1 GDP 0.2% vs. Consensus 1.0%; Disaster in the Details I commented "The second estimate of Q1 GDP comes out on May 29. Any number of changes could send Q1 negative." Here we are already
Using a Prechteresque term, Bill Gross Says the "Bull Market Super-Cycle is Nearing End" . The attempt by global central banks to cure a debt crisis with more debt doesn’t have much further to run, which will end a rally that’s lasted three and a half decades, the 71-year-old manager wrote in an investment outlook for Janus Capital Group Inc
Continue reading here: China Manufacturing PMI in Contraction: New Orders and Operating Conditions Decline at Strongest Rate in a Year
Links US Nominates War College Grad as Ambassador to Thailand May 2, 2015 ( Tony Cartalucci – NEO ) – There are two kinds of "ambassadors" the US employs across the globe to project its unwarranted power and influence beyond its borders. One is a friendly face covert subversion and manipulation can hide behind, the other is a strong voice that subversion and manipulation can openly rally around
Read the article: ISM Disappoints, Led by Decline in Employment
Read the article: Investigating the GDP Deflator: Wildly Differing Results Depending on Your Choice
View original post here: Fed Cites Weather, "Transitory" Factors in FOMC Statement; No Hat Tricks; What About Consumer Sentiment?