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Margin Requirements Double on Yuan Currency Trades; China Recap Posted by Michael Shedlock at 6:45 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s)
Read More: Former Dallas Fed President Richard Fisher Goes to Squawk Box Confessional: "We Frontloaded a Tremendous Market Rally"; Transcript…
PCE declined by 0.13. That’s a total of decline for those three components of 0.37 percentage points. Part of that decline was based not only on revisions, but also on a month-over month decline in November construction spending of 0.4 percentage points. If 3/4 of the decline in those components is due to construction spending, then I estimate third quarter GDP will be revised about .57 percentage points lower, second quarter .56 percentage points lower, and first quarter .21 percentage points higher
Original post: Core Capital Spending Down 10 Consecutive Months; Soft Rebound in 2016?
View article: Millions of Foreign Visitors Overstay Visas: Precisely How many? No One Seems to Know; Does Obama Care?
Taken from: Chicago PMI Crashes, New Orders and Backlogs Plunge to May 2009 Level; Service Economy Headed for a Slowdown?
See more here: Misguided Plans to Fix the Fed Part 1: Bernie Sanders
Read the original post: More Abenomics Failures: Retail Sales and Factory Output Contract, Businesses Reject Wage Hike Plea; Fine-Tuning à…