Right on Cue: Fed’s Dudley Delivers Dovish Speech
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View post: Franzen attacks Audubon’s attempt to do something about climate, withholds info that he’s on the board of competing…
Read More: Trade Deficit Shrinks; First Quarter GDP Estimate Ticks Up to 0.1%
Yet another central bank has announced a warning about the perils of deflation. Please consider China Central Bank Calls for Vigilance on Deflation . China’s central bank governor Zhou Xiaochuan warned on Sunday that the country needs to be vigilant for signs of deflation and said policymakers were closely watching slowing global economic growth and declining commodity prices
Read More: UBS on the Driver for Gold: What is Gold About to Tell Us?
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Please consider Why Beijing’s Troubles Could Get a Lot Worse . Barron’s: Investors seem far more concerned about Europe’s sinking into economic despond than slowing growth in China.
Read More: No, No, No Says Draghi to Greece; Spanish Economy Minister Insists 3rd Bailout Talks Underway
As Australia’s mining boom turns to bust, Towns are Dying the Death of a Thousand Cuts as Miners Leave in Droves . Locals say the main street of Dalby resembles a ghost town these days – a sad indication of a mining boom ending too soon for some