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Original post: Reshoring Myth Explodes: Offshoring Outpaces Onshoring Every Year Since 2004 Except 2011
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Record Oil Output From Russia Despite Low Prices Here’s one for the "this was not supposed to happen, and nobody saw it coming" book. Bloomberg reports on the Siberian Surprise: Russian Oil Patch Just Keeps Pumping . In the fight for market share among the world’s oil producers this year, Russia wasn’t supposed to be a contender.
See original article: Spanish Election: Two-party Dominance Ends; Rojoy’s PP Party Fails to Win Majority; Vote Buying Spanish Style; Fragile…
Visit site: Yield Curve and Spreads: Fed’s Real Policy Error in Pictures; What’s Next?
Link: Fed Funds Effective Rate Shows Fed Did Indeed Hike by 25 Basis Points
Link: Fed Funds Effective Rate Shows Fed Did Indeed Hike by 25 Basis Points
Link: Philly Fed Back in Contraction, Index Below Any Economist’s Guess
KELLY: But you built an airport in Mexico, right? ZELL: No, we built a border crossing. KELLY: Border crossing, yes, sorry.
Paradigm Change: Saxo Bank’s Ten Outrageous Predictions for 2016: Slide Show Every year, Saxo Bank CIO and chief economist Steen Jakobsen comes up with a selection of " outrageous " predictions for the new year. Note: This is not the official Saxo forecast, but I do believe many of the ideas below are in-line with their general direction on things. The predictions are not all that outrageous