Hard hitting global and local news
Tweet That’s my interpretation of Clinton’s carefully limited support for the death penalty .
Via translation, El Confidential comments on the Banking Drag of €238 Billion Nonperforming Loans at Spanish Banks . The profitability of banks has plummeted. And only the loose monetary policy of the ECB has improved the results.
As a guest post, here is the opinion of IMD Professor Carlos A. Primo Braga on on the economic, political and psychological drivers of Brazil’s currency slide.
3rd Quarter Advance GDP Estimate +1.5%; December Hike Odds Up to 46.5% The third quarter advance (initial) GDP estimate came in at 1.5% a bit under the Econoday Consensus of 1.7%, a bit over the Atlanta Fed GDPNow Forecast of 1.1%, and well below the Blue Chip consensus of 2.1%.
Crain’s Chicago Business reports Emanuel Gets His Huge Property Tax Hike . The City Council has approved Mayor Emanuel’s bad-news city budget, including plans for a record $543 million city property tax hike over the next four years
Tweet Science is understanding data, not data. Science requires data, and it requires models to understand the data. The best models will be based on well established principles of physics, chemistry and biology.
See the article here: Third Party Logistics: Will Amazon Disrupt UPS and Uber or Will Uber Disrupt Amazon, FedEx, and…
