Hard hitting global and local news
Hard hitting global and local news
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View article: Mexico Central Bank Warns of "Potentially Severe Shock" Caused by Credit Crunch, Seeks Emerging Market "Buyer of Last…
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Tweet Piers Sellers has written about his terminal cancer and how he is dealing with it.
See original article: Weekend Entertainment Courtesy of Jim Cramer: "How I Knew to Buy Before the Big Rebound"
Continue Reading: More Fed Confessionals; Funny Oil Videos; In Search of Bullard; Inflation Expectations
Empire State Manufacturing Index Posts Horrific -19.37, Lowest Reading Since April 2009 Economic data today was awful, at best. Retail Sales Were Negative , and that was arguably the best report. Let’s now take a look at the other reports starting with Empire State Manufacturing
Despite glowing reports of last minute Christmas sales, none of which I believed, December retail sales are best described as awful. Apparel was a standout, down 0.9%. The surprise here is that nobody blamed the weather.