January 12, 2016
Decoupling Ridiculousness; US Rail Traffic Is Outright Recessionary
Continue Reading: Decoupling Ridiculousness; US Rail Traffic Is Outright Recessionary
Hard hitting global and local news
Hard hitting global and local news
Continue Reading: Decoupling Ridiculousness; US Rail Traffic Is Outright Recessionary
Negative interest rates have had a new and unusual effect on taxing bodies in Switzerland: Swiss Canton Tells Taxpayers to Delay Settling Bills . Taxpayers in parts of Switzerland this year face an unusual request from fiscal authorities: please delay settling your bill until as late as possible
Excerpt from: Pigs at the Trough: Rating Agencies as Corrupt as Ever
Visit link: Investigating Claims "North Atlantic Trade Ground to a Halt, No Ships Moving"; The Real Shipping Story
Margin Requirements Double on Yuan Currency Trades; China Recap Posted by Michael Shedlock at 6:45 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. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s)
Read More: Former Dallas Fed President Richard Fisher Goes to Squawk Box Confessional: "We Frontloaded a Tremendous Market Rally"; Transcript…
Continued here: Is the Oil Bottom In? Reflections on Value, Volume, Other Ideas
PCE declined by 0.13. That’s a total of decline for those three components of 0.37 percentage points. Part of that decline was based not only on revisions, but also on a month-over month decline in November construction spending of 0.4 percentage points. If 3/4 of the decline in those components is due to construction spending, then I estimate third quarter GDP will be revised about .57 percentage points lower, second quarter .56 percentage points lower, and first quarter .21 percentage points higher
Read this article: Manufacturing ISM Sinks to January 2009 Low; Don’t Count on Services or Housing to Save the Day
Visit link: Yuan Movements Highlight China’s Attempt to Halt 10th Month of Export Contraction; Major Currency War Coming Up?