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See the original post: ISM Negative 4th Month, Employment Shows Significant Declines
Read More: China Manufacturing Prices Decline 18th Month; China Hoping to Avoid Hard Landing
Crash! Durable goods orders and shipments crashed in December. The Econoday Consensus Estimate for durable goods new orders was a 0.2% rise. Here are the amazing results. Crash vs.
See the original post: French Taxi Drivers Burn Tires Block Airports in Mass 24-Hour Strike; 20% of French Flights Cancelled
Continued here: Crowdfunding Review: Exploding Kittens; Bankrupt Zano; Will Crowdsourcing Ever Work?
On Thursday, I saw this MarketWatch headline: China Serious about Dropping Dollar Peg. I was totally unimpressed after reading the article. China will not do the one thing it has needed to do for decades: Let the Yuan float.
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View original post here: Run on Italy’s Third Largest Bank? Capital Controls or Bail-Ins Next? Why Take Chances?