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Using a Prechteresque term, Bill Gross Says the "Bull Market Super-Cycle is Nearing End" . The attempt by global central banks to cure a debt crisis with more debt doesn’t have much further to run, which will end a rally that’s lasted three and a half decades, the 71-year-old manager wrote in an investment outlook for Janus Capital Group Inc
View original post here: Fed Cites Weather, "Transitory" Factors in FOMC Statement; No Hat Tricks; What About Consumer Sentiment?
The Dallas Fed reports Texas Manufacturing Activity Weakens Again Texas factory activity declined in April, according to business executives responding to the Texas Manufacturing Outlook Survey.
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Weather Unexpectedly Much Worse Than Economists Previously Thought Posted by Michael Shedlock at 1:51 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)
Please consider IMF Cuts Global Economic Growth Forecasts .
View article: Fed Governor Dudley "U.S. Economic Outlook Looks Brighter"; Ring! Ring! Goes the Bell
See more here: No Plans for Normalization: Fed Ends QE, Will Hold Rates Low for "Considerable Time", Will Reinvest Proceeds
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Output prices down 27th month and accelerating Private sector employment down 9th month Service sector activity improved slightly Activity Picks up in Peripheral Europe Meanwhile, things improve elsewhere in Europe. The Markit European Composite report makes this headline claim: Flash PMI signals rebound in Eurozone growth but French woes persist. Eurozone economic growth rebounded in July, according to the „flash‟ estimate of Markit‟s Purchasing Managers‟ Index.