Hard hitting global and local news
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Continued here: Economists in Fantasyland: Economists See 20% Chance of Recession That’s at Least 20% Likely Already Here
Read more here: Lacy Hunt – "Inflation and 10-Year Treasury Yield Headed Lower"
Excerpt from: Poll Shows Nearly 40% of Germans Want Merkel to Resign
Today we learn Bank of Japan Adopts Negative Interest Rates .
View the original here: Fed "Workhorse" Model Says Odds of Recession in Next Year Only 3.56%; What are the Real…
View the original here: Fed "Workhorse" Model Says Odds of Recession in Next Year Only 3.56%; What are the Real…
"Levels Not Seen in 80 Years" The supply glut in oil storage continues as crude.
How Healthy Is the Labor Market, Really? What’s the "official" unemployment rate vs. economic reality
The Wall Street Journal hits the nail on the head with this headline: Yuan’s Fall Is Just ‘Noise’ Amid Deeper China Woes . When the financier George Soros attacked the British pound in 1992 and famously “broke the Bank of England†he was trading on a conviction that the currency was misaligned. Britain devalued after squandering its reserves in a vain defense.