Hard hitting global and local news
Bloomberg reports Sweden Seen Closer to Krona Intervention to Tame Exchange Rate . Some of Scandinavia’s biggest banks are warning investors not to underestimate the risk that the central bank is preparing to intervene in the currency market. Nordea and SEB both say the Riksbank won’t allow the krona to strengthen beyond 9 against the euro.
Original post: Core Capital Spending Down 10 Consecutive Months; Soft Rebound in 2016?
View the original here: California Referendum Would Force Politicians to Wear Logos of Donors
View article: Millions of Foreign Visitors Overstay Visas: Precisely How many? No One Seems to Know; Does Obama Care?
I have a watchful eye on initial unemployment claims. They have been trending higher (unexpectedly of course) since mid-October. Initial Claims 2015 Econoday economists were surprised by the jump.
A "Mish Together" January 5, 2016 Posted by Michael Shedlock at 2:22 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)
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