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Via translation, please consider Unidentified Investors Lent Belgium €50 Million for 100 Years at 2.5% Interest .
Follow this link: Durable Goods Orders Surprise to Upside, Led by Autos
Continue Reading: New Home Sales Rise From July Downdraft; Surprise Softness in Home Prices
Chinese Stocks Extend Slide, Down Another 6%; S&P Futures +38 Points, Nasdaq Futures +71 Following a day in which only 6 out of 500 S&P 500 stocks rose, a snap back of some sort was in order.
Another Asia-Pacific Equities Bloodbath Posted by Michael Shedlock at 8:57 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.
Don’t Worry, IMF Says "Premature" to Speak of Chinese Crisis Growth in China is slowing rapidly. How rapidly is a subject of much debate. Today, a senior IMF official says ‘Premature’ to Speak of Chinese Crisis .
Net Moves Since China Devaluation Posted by Michael Shedlock at 1:11 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).
CME FedWatch 2015-08-20 Rate Hike Odds The CME concludes there is a 23.57% chance of a hike. This is bad math because the CME ignores ranges. If the Fed comes flat out and sets a target rate of precisely 0.25% that is a hike from here
See the article here: Plotting the Fed’s Baby Step 1/8 Point Hikes; Yellen vs. Greenspan "Measured Pace"
Housing Regulator Wants to Throw the Drowning Poor an Anchor; Mish Alternative Proposal Now that home prices have recovered from the Great Financial Crisis to the point of being way overvalued again in many areas, a Housing Regulator Targets More Support for Poor Borrowers . The regulator for U.S