May 6, 2013
China Services PMI Slows to Marginal Rate of Growth
See original article: China Services PMI Slows to Marginal Rate of Growth
Hard hitting global and local news
Hard hitting global and local news
See original article: China Services PMI Slows to Marginal Rate of Growth
Read more here: Jobs +165,000, Part-Time Employment +441,000; Unemployment Rate 7.5%; Dow Tops 15,000
More: April 2013 Manufacturing ISM at a Glance; What do the Numbers Mean?
Guru’s blog in Spanish highlights the dramatic retail spending situation in Spain. Here is a Mish-modified translation. Last month I discussed the retail drama in Spain
Read the article: Jim Chanos: China: The Edifice Complex – Wine Country Conference Presentation
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Chicago Natural Resources Expo April 26 Reminder Reminder: Those in the greater Chicago area should plan on attending the Chicago Natural Resources Expo on April 26 for a discussion about gold, silver, hard assets, inflation, currencies (or whatever else is on your mind). You also have the opportunity to meet with various natural resource company executives. Venue change: Previously this was a Friday evening-Saturday Afternoon event
Today’s spotlight is on China where Restaurant Owners Praise Robot Noodle Makers for Doing “A Good Job!†Noodle peelers should probably start looking for other things to do around the kitchen – there’s just no competing with these robots. Runguan’s robots peel noodle strips from a firm piece of dough and tosses them directly into boiling water “before diners’ eyes can follow the whole process.†While a cook doing the same job would make about 40,000 yuan ($6,400) per year, the robot cost just 10,000 yuan ($1,600)
U.S. Mint Runs Out of Smallest American Eagle Gold Coin; Is There a Shortage of Physical Gold? Coordinated Smackdown by Naked Shorts