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Now that we have the backdrop out of the way, please consider Twinkie’s Miracle Comeback: The Untold, Inside Story of a $2 Billion Feast Walk in the door of Hostess Brands’ flagship bakery in Emporia, Kansas and your first thought is: What a dump.
Read the article: ISM Disappoints, Led by Decline in Employment
Read the article: Investigating the GDP Deflator: Wildly Differing Results Depending on Your Choice
Read the original: Employment Compensation Costs (Wages and Benefits) Jump in First Quarter
Prior to this plunge, LinkedIn had a market cap of $31.74 Billion. Why?
Read the original post: Initial Unemployment Claims Plunge to 262,000 – Lowest Since April 2000; What’s Going On?
View original post here: Fed Cites Weather, "Transitory" Factors in FOMC Statement; No Hat Tricks; What About Consumer Sentiment?
The Richmond Fed reports Manufacturing Sector Activity Remained Soft; Employment and Wages Grew Mildly Overall, manufacturing conditions remained soft in April. The composite index for manufacturing moved to a reading of -3 following last month’s reading of -8. The index for shipments and the index for new orders gained seven points in April, although both indicators finished at only -6.
See more here: Deconstructing and Debunking Shadowstats