Hard hitting global and local news
US News reports US Construction Spending Jumps to 8-Year High, Lifted by Home Building, Federal Government .
Read the article: Manufacturing ISM Contracts; Lowest Reading Since June 2009; Glimmers of Hope Extinguished
Visit site: Chicago PMI Contracts Again, 6th Time in 10 Months; Service Economy Poised for a Big Slowdown?
The Wall Street Journal reports Pending Home Sales Rise 0.2% in October , economists had predicted a 1.5% increase. The Bloomberg Econoday consensus was for a +1.0% gain. Sales of existing homes have been soft and are not likely to pick up in the next few months based on October’s pending sales index which is up only 0.2 percent
The Guardian reports, John McCain and Lindsey Graham call for 20,000 troops in Syria and Iraq . Two senior senators called on Sunday for Washington to nearly triple military force levels in Iraq to 10,000 and send an equal number of troops to Syria as part of a multinational ground force to counter Islamic State in both countries. McCain, chairman of the Senate armed services committee, recently proposed intervention in Syria by a European and Arab ground force backed by 10,000 US military advisers and trainers.
Excerpt from: German Economist Concludes Refugees Will Ultimately Cost Germany €900 Billion
See more here: You can’t ignore consensus, and that includes fluoride
The Wall Street Journal in its article, " U.S. Urges Turkey to Seal Border ," reported that: The Obama administration is pressing Turkey to deploy thousands of additional troops along its border with Syria to cordon off a 60-mile stretch of frontier that U.S
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