July 24, 2015
China Manufacturing PMI Hits 15-Month Low: Is This a Big Deal?
Read More: China Manufacturing PMI Hits 15-Month Low: Is This a Big Deal?
Hard hitting global and local news
Hard hitting global and local news
Read More: China Manufacturing PMI Hits 15-Month Low: Is This a Big Deal?
More: Weekly Unemployment Claims Lowest in 41 Years
See more here: Total Gridlock: 25,000 French Farmers Face Bankruptcy, Block Roads, Dump manure, Rotting Vegetables
On January 21, in response to the surprise cut, I wrote Canadian Recession Coming Up: Yield Curve Inverts Following Unexpected Rate Cut; Loonie at Six-Year Low . In that post I awarded Canada the "Blue Ribbon" for the first yield curve inversion of any major country following the great financial crisis
Follow this link: Bailout Fallout: Juncker Lies to Cameron in Revival of EFSM; British Taxpayers Protected in Final Deal
Bailout Fallout: Juncker Lies to Cameron in Revival of ESM; British Taxpayers Protected in Final Deal In 2010, Jean-Claude Juncker, current European Commissioner president, made a pledge to UK Prime minister David Cameron, to never again use the ESM to bail out another eurozone country. Cameron’s concern was that he did not want to put British taxpayers at risk for eurozone sponsored bailouts.
See the article here: Empire State Manufacturing: New Orders Negative 4th Time in 5 Months; Slight Bounce in Industrial Production
Deflationary Pressures Unabated; Another One-Hit Wonder; Transitory Tales Another One-Hit Wonder In spite of counterproductive attempts by the Fed and Central Banks to foster price inflation, debt overhang has stymied those efforts, at least in regards to consumer prices and import/export prices. Last month, following a surge in gasoline prices, import and export prices did rise a bit, but as with retail sales, the import/export price report was another "one-hit wonder"
Please consider Computer Program Fixes Old Code Faster than Expert Engineers . Last year, MIT computer scientists and Adobe engineers came together to try to solve a major problem that many companies face: bit-rot . A good example is Adobe’s successful Photoshop photo editor, which just celebrated its 25th birthday
View article: Chinese Stock Market Nosedive Continues; China Warns of Panic, Irrational Selling; Over Half of Companies Halted; Pent-Up Demand…