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See the original article here: Thrown Under the Bus: Another Look at the Self-Serving Launch of Ben Bernanke’s Blog and…
Read More: Trade Deficit Shrinks; First Quarter GDP Estimate Ticks Up to 0.1%
Factory Orders Unexpectedly Rise Snapping String of 6 Straight Declines After six straight months of factory orders unexpectedly declining, economists apparently were finally convinced that bad weather would continue indefinitely. Factory orders rose, albeit barely, and last month was revised way lower, nonetheless it was amusing to see economists expectations were in the wrong direction for the seventh straight month.
Bloomberg reports Shanghai Traders Make Trillion-Yuan Stock Bet With Borrowed Cash . Shanghai traders now have more than 1 trillion yuan ($161 billion) of borrowed cash riding on the world’s highest-flying stock market.
See more here: Driverless Car Completes California to New York Trip; UK Rewriting Traffic Laws as Tests Begin
See more here: If It Ain’t Broken, Don’t Fix It: Religious Freedom Act Take II
Original post: Downside Data Surprises in Canada; Bad Weather Up North? How About Recession?
Yet another central bank has announced a warning about the perils of deflation. Please consider China Central Bank Calls for Vigilance on Deflation . China’s central bank governor Zhou Xiaochuan warned on Sunday that the country needs to be vigilant for signs of deflation and said policymakers were closely watching slowing global economic growth and declining commodity prices
Visit site: Time to Eliminate Pilots in Aircrafts: Post Pilot Era Coming Up
Please consider Eurozone can’t survive in current form, says PIMCO . The eurozone is "untenable" in its current form and cannot survive unless countries are prepared to cede sovereignty and become a "United States of Europe", the manager of the world’s biggest bond fund has warned