August 12, 2015
Don’t Worry, There’s Only One Cockroach
View the original here: Don’t Worry, There’s Only One Cockroach
Hard hitting global and local news
Hard hitting global and local news
View the original here: Don’t Worry, There’s Only One Cockroach
Reader Question: Is China a Currency Manipulator? Posted by Michael Shedlock at 5:59 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice
MarketWatch reports Productivity Dry Spell Looks Worse in Latest Report The dry spell of productivity in this economic expansion is even worse than previously thought, according to new data released Tuesday. The average annual rate of productivity growth from 2007 to 2014 was revised down to 1.3% per year from the prior estimate of 1.4%, the Labor Department said Tuesday. This is well below the long-term rate of 2.2% per year from 1947 to 2014
In sunny Spain, Solar Energy Storage is Worse Than Nuclear Spillage Storing solar energy in a battery in Spain is more criminal than spilling radioactive waste. That’s the implied message written between the lines of a recently drafted law poised for fast-track approval by the government of Spain
Household Spending Projections Decline Again: Does the Fed Believe Its Own Surveys? Posted by Michael Shedlock at 3:28 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice.
Following Saturday’s report Chinese Exports Slump Over Eight Percent , analysts expect more China stimulus. Chinese exports tumbled 8.3 percent in July, their biggest drop in four months and far worse than expected, reinforcing expectations that Beijing will be forced to roll out more stimulus to support the world’s second-largest economy. Imports also fell heavily from a year earlier, in line with market forecasts but suggesting domestic demand might be too feeble to offset the weaker global demand for China’s exports
More: Germany Isolated as Greece Near €86 Billion Deal With Creditors; Ambitious Yes, Feasible No
Buchanan continues to hit them out of the park. Here is his latest: Obama v. Bibi — Fight to the Finish In his desperation to sink the Iran nuclear deal, Bibi Netanyahu is taking a hellish gamble
Friday’s Job report may skew the odds, but this is how I see things: Fed Yap vs. Futures; Bloomberg vs.
Read more here: Mish for President: Officially Throwing My Hat Into the Ring; 11 Questions, 11 Answers