August 27, 2015
Second Quarter GDP Revised Up, as Expected, Led by Autos, Housing
Link: Second Quarter GDP Revised Up, as Expected, Led by Autos, Housing
Hard hitting global and local news
Hard hitting global and local news
Link: Second Quarter GDP Revised Up, as Expected, Led by Autos, Housing
Bloomberg reports Panic Grips Emerging-Market VIX in Biggest Jump on Record The rout in markets from China to South Africa triggered a record jump in a gauge of options prices on developing-nation stocks as investors purchased contracts to protect against future declines. The benchmark — called the CBOE Emerging Markets ETF Volatility Index — more than tripled as trading began at 9:30 a.m
Please consider How US Sugar Policies Just Helped America Lose 600 Jobs .
Read More: Huge Glut in European Dairy Cows and Milk Coming Up
Sentiment as a Measure of Health of the Economy; Sentiment Theory vs.
Taken from: Industrial Production Jumps on Surge in Auto Production; Revisions and Seasonal Adjustments in Play
Retail Sales Exceed Expectations, Huge Upward Revisions Retail sales, led once again by autos, beat the Bloomberg Economic Consensus .
Following Saturday’s report Chinese Exports Slump Over Eight Percent , analysts expect more China stimulus. Chinese exports tumbled 8.3 percent in July, their biggest drop in four months and far worse than expected, reinforcing expectations that Beijing will be forced to roll out more stimulus to support the world’s second-largest economy. Imports also fell heavily from a year earlier, in line with market forecasts but suggesting domestic demand might be too feeble to offset the weaker global demand for China’s exports
See more here: Long-Term Treasuries Rally in Face of Increasing Odds of September Hike; Taper Tantrum in Reverse?
Friday’s Job report may skew the odds, but this is how I see things: Fed Yap vs. Futures; Bloomberg vs.