Hard hitting global and local news
See the original article here: UK Election Shocker: Exit Polls Show Cameron’s Tories Do Far Better Than Expected, 10 Short…
Credit Yahoo!Finance for the inane headline of the day: Employers shrug off Obamacare, robbing Republicans of a campaign issue . Just 18 months ago, a Republican fantasy seemed about to come true. The Affordable Care Act was in the midst of a disastrous rollout plagued by dialup-stye technology snafus.
European 10-Year Bond Yields Spike Higher; Contagion Already?
Link if video does not play: Chicago BOE to default? Three minutes flies by fast
On April 29 in Real Q1 GDP 0.2% vs. Consensus 1.0%; Disaster in the Details I commented "The second estimate of Q1 GDP comes out on May 29. Any number of changes could send Q1 negative." Here we are already
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
The Local asks Robots About to Take Away 18 Million Jobs? The results of the [ING-Diba] study paint an almost doomsday-esque scenario for Germany.
View post: Venezuela to Nationalize All Food Distribution, Increase Public Wages 30%
Via translation from Les Echos, May 2, 2015: Poll shows 75% of French Do Not Expect Improvement in Unemployment until 2017 .
