European 10-Year Bond Yields Spike Higher; Contagion Already? Something Worse?
European 10-Year Bond Yields Spike Higher; Contagion Already?
Hard hitting global and local news
European 10-Year Bond Yields Spike Higher; Contagion Already?
Link if video does not play: Chicago BOE to default? Three minutes flies by fast
On April 29 in Real Q1 GDP 0.2% vs. Consensus 1.0%; Disaster in the Details I commented "The second estimate of Q1 GDP comes out on May 29. Any number of changes could send Q1 negative." Here we are already
Pierre Moscovici, the European commissioner for economic affairs, warns Debt Talks on Hold Until Greece Agrees Reforms . Greece’s eurozone creditors will not discuss how to get the country’s sovereign debt back on a sustainable path until Athens agrees to a new economic reform programme that would release €7.2bn in desperately needed bailout funds, the EU’s economic chief said on Tuesday. Pierre Moscovici, the European commissioner for economic affairs, said debt issues “can only be discussed after we have agreed a reform programmeâ€
Many producers have approached Ron Paul about doing a documentary regarding Paul’s philosophical views. Until now, Ron Paul has turned down all such overtures. Empire of Lies I am pleased to report that Ron Paul just now authorized a long-time friend, Charles Goyette, to make that documentary
The Local asks Robots About to Take Away 18 Million Jobs? The results of the [ING-Diba] study paint an almost doomsday-esque scenario for Germany.
Read the original post: Factory Orders Positive First Time in 8 Months, Remain Weak
Please consider Chicago’s Fiscal Stress: New Term, Same Problems .
Via translation from Les Echos, May 2, 2015: Poll shows 75% of French Do Not Expect Improvement in Unemployment until 2017 .
Now that we have the backdrop out of the way, please consider Twinkie’s Miracle Comeback: The Untold, Inside Story of a $2 Billion Feast Walk in the door of Hostess Brands’ flagship bakery in Emporia, Kansas and your first thought is: What a dump.