May 16, 2013
EU Emissions Trading in Tatters (As It Should Be)
View article: EU Emissions Trading in Tatters (As It Should Be)
Hard hitting global and local news
Hard hitting global and local news
View article: EU Emissions Trading in Tatters (As It Should Be)
The Philly Fed Business Outlook Survey shows regional activity weakened with current indicators negative. The Six-Month Outlook brightened in what I believe is rampant over-optimism
Read More: Brussels Puts Spain Under Surveillance; Brussels Denies Putting Spain Under Surveillance
Breakout in Japanese 10-Year Bond Yield Posted by Michael Shedlock at 12:57 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice.
The Financial Times reports France contracts in 1st quarter as Germany returns to growth French GDP shrank by 0.2 per cent in the first quarter, the same rate of decline as the final three months of 2012, according to Insee, the national statistics office. Investment, measured by gross fixed capital formation, remained weak, falling a further 0.9 per cent after 0.8 per cent in the fourth quarter. Exports fell and construction output fell
In case you missed it, please note that all of the presentations at the Wine Country Conference have now been posted. They are about 45 minutes each except for my short opening remarks.
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More here: German Finance Minister Throws Cold Water on Single Bank Resolution Agency; For How Long?
See more here: German Export Machine Hits Skids; Imbalances Intensify: Exports Drop 4.2% YoY, Imports Drop 6.9% YoY