August 27, 2015
Second Quarter GDP Revised Up, as Expected, Led by Autos, Housing
Link: Second Quarter GDP Revised Up, as Expected, Led by Autos, Housing
Hard hitting global and local news
Hard hitting global and local news
Link: Second Quarter GDP Revised Up, as Expected, Led by Autos, Housing
Regional Manufacturing Expectations From Mars Last month, economists were excited when the Richmond Fed Manufacturing index unexpectedly rose from 6 to 13. The excitement lasted one month.
Bloomberg reports Panic Grips Emerging-Market VIX in Biggest Jump on Record The rout in markets from China to South Africa triggered a record jump in a gauge of options prices on developing-nation stocks as investors purchased contracts to protect against future declines. The benchmark — called the CBOE Emerging Markets ETF Volatility Index — more than tripled as trading began at 9:30 a.m
Please consider How US Sugar Policies Just Helped America Lose 600 Jobs .
Read More: Huge Glut in European Dairy Cows and Milk Coming Up
Instead, and as widely expected, Alexis Tsipras to ‘Step Down and Call Snap Elections’ . The Greek prime minister, Alexis Tsipras, has decided to step down and call snap elections for 20 September, government officials said
Mish with Max Keiser in Chicago, Discussing Chicago Economics and Pizza A couple weeks ago I had the pleasure of meeting Max Keiser and Stacy Herbert, downtown Chicago. On the lakefront, in a very informal chat, we discussed the sorry state of affairs regarding Chicago finances and education
View article: "Out of the Blue" Plunge in New York Region Manufacturing; Optimism Persists
In November of 2014, the Sun Times reported Metra’s $100,000 Club Includes Conductors, Engineers . Nearly one in four Metra conductors and assistant conductors pulled down at least $100,000 last year, and an even higher proportion of engineers — almost 40 percent — took home that amount, a Chicago Sun-Times analysis shows.