Tag: interview

China Services PMI Lowest Since 2005 as Housing Slumps; Manufacturing Expands
August 5, 2014 0

China Services PMI Lowest Since 2005 as Housing Slumps; Manufacturing Expands

By News Desk

China Services PMI Lowest Since 2005 as Housing Slumps; Manufacturing Expands An interesting divergence is underway in China with manufacturing in expansion while the service sector is at the lowest reading since November 2005 according to HSBC China Composite PMI HSBC China Composite PMI™ data (which covers both manufacturing and services) signalled a third consecutive monthly expansion of Chinese business activity in July. That said, the rate of increase eased from June‟s 15-month high and was moderate overall.

Florida Obamacare Blues
August 3, 2014 0

Florida Obamacare Blues

By News Desk

As a result, Florida’s largest health insurer, Florida Blue, is raising exchange rates an average of 17.6 percent . Florida Blue, the state’s largest health insurer, is increasing premiums by an average of 17.6 percent for its Affordable Care Act exchange plans next year, company officials say. The nonprofit Blue Cross and Blue Shield affiliate blames higher health costs that are a result of attracting older adults this year who previously lacked coverage and are using more services than expected.

Employment Perspective in Pictures: Only 25% of Decline in Fulltime Employment Attributable to Aging Workforce
August 1, 2014 0

Employment Perspective in Pictures: Only 25% of Decline in Fulltime Employment Attributable to Aging Workforce

By News Desk

Employment Perspective in Pictures: Only 25% of Decline in Fulltime Employment Attributable to Aging Workforce Posted by Michael Shedlock at 2:04 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy.

IMF Warns Pound Overvalued; What About Other Currencies?
July 28, 2014 0

IMF Warns Pound Overvalued; What About Other Currencies?

By News Desk

click on chart for sharper image Summary Note that the US dollar is about where it has been since the beginning of 2012, but higher than it was in October of 2012 when it was judged to be "overvalued". Is it more overvalued today?  Apparently the British pound, New Zealand dollar, Australian Dollar, the US dollar, the euro, and the yen are all overvalued

Who’s Winning the War in Ukraine? Answer May Shock You!
July 26, 2014 0

Who’s Winning the War in Ukraine? Answer May Shock You!

By News Desk

I happen to believe both. Starting from that scorecard, please consider my post on Thursday Ukraine Government Breaks Up: Prime Minister Resigns Over "Vital Laws on Energy and Army Financing"; Follow the Money Synopsis: The Ukrainian Prime Minister Arseniy Yatseniuk resigned and that will lead to early elections in which pro-Russian MPs will be removed from parliament. In essence, Ukraine will be more pro-NATO