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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…
Chicago Board of Education Yanks $875 Million Bond Sale Over 7.75% Yield; Five Questions for Chicago On Wednesday, the Chicago Board of education pulled the plug on a proposed $875 Million Bond Sale . Facing hefty yields, the financially ailing Chicago Public Schools (CPS) postponed Wednesday’s planned $875 million bond sale and will evaluate the timing on a day-to-day basis, a school official said
"Levels Not Seen in 80 Years" The supply glut in oil storage continues as crude.
See more here: Financial Engineering Chart of the Day: Fed Balance Sheet vs. S&P 500
See the original post: French Taxi Drivers Burn Tires Block Airports in Mass 24-Hour Strike; 20% of French Flights Cancelled
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.
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View article: Dallas Fed Region Activity Plunges to Lowest Reading Since 2009; Production Collapsed