September 15, 2015
Shocking Weakness in Empire State Manufacturing Report
Original post: Shocking Weakness in Empire State Manufacturing Report
Hard hitting global and local news
Hard hitting global and local news
Original post: Shocking Weakness in Empire State Manufacturing Report
Ben Bernanke vs. John Hussman; Beauty of Truth vs.
View article: Raging California Wildfires Force Evacuations; Governor Brown Declares State of Emergency
Please consider Don’t Fret About the Data, China’s GDP Forecast to be Good News . “ The focus for the month of September will be strengthening economic propaganda and . . . promoting the discourse on China’s bright economic future and the superiority of China’s system ,†the party’s propaganda department said in a directive to national media outlets
In a big understatement of Illinois’ problem, a Crain’s Chicago headline reads Illinois IOUs Growing Fast, Could Pass $8.5 Billion by Yearend .
View article: Cross-Border Deflation: US Export Prices Collapse Most Since July 2009; How Damaging is Price Deflation?
Taken from: Tracking "Emailgate" and "Apologygate"; Clinton’s Half-Baked Apology; Lightning Strikes Twice
See the original article here: Plotting the Number of Banks: Is the Goal One "TBTF" Bank?
In yet another oil price crash side effect, Dollar Denominated Loans in Saudi Arabia Jump 600% . Dollar borrowing in Saudi Arabia has surged seven-fold this year as the kingdom’s companies switch out of increasingly expensive local currency-denominated loans. About 65 percent of all loans taken out in Saudi Arabia through Tuesday were in dollars, compared with 13 percent for all of 2014, according to data compiled by Bloomberg
Establishment Survey +173K Jobs, Private Jobs +140,000; Unemployment Rate 5.1% Initial Reaction The establishment survey came in a weaker than expected 173,000 job. The Bloomberg Consensus estimate was 223,000 jobs. However, the preceding two months were revised up by 44,000 and wages were strong.