Tracking "Emailgate" and "Apologygate"; Clinton’s Half-Baked Apology; Lightning Strikes Twice
Taken from: Tracking "Emailgate" and "Apologygate"; Clinton’s Half-Baked Apology; Lightning Strikes Twice
Hard hitting global and local news
Taken from: Tracking "Emailgate" and "Apologygate"; Clinton’s Half-Baked Apology; Lightning Strikes Twice
In yet another oil price crash side effect, Dollar Denominated Loans in Saudi Arabia Jump 600% . Dollar borrowing in Saudi Arabia has surged seven-fold this year as the kingdom’s companies switch out of increasingly expensive local currency-denominated loans. About 65 percent of all loans taken out in Saudi Arabia through Tuesday were in dollars, compared with 13 percent for all of 2014, according to data compiled by Bloomberg
Continue reading here: Interest Rates and Bond Yields: Where are They Headed? September Hike Ideal? Is the Bond Bull Market…
Read the original: Dallas Fed Region Activity Plunges Well Below Any Forecast
This Bloomberg headline " If the Options Market Is Right, China’s Stock Rescue Is Doomed " reads like something one would find in a tabloid, but the reverse is now true. Options traders have never been so pessimistic on China’s stock market, betting the government’s renewed effort to prop up share prices is doomed to fail. The cost of bearish contracts on the China 50 exchange-traded fund surged to the highest level versus bullish ones since they started trading in Shanghai six months ago
Read More: Steve Keen on Economic Forecasts, Ponzi Schemes, GDP, China; One Way Streets and Poison
Disputes over GDP go on and on and on. MarketWatch reports By another measure, the U.S.
Follow this link: Durable Goods Orders Surprise to Upside, Led by Autos
View post: El-Erian: "This Will Not Derail the Economy"; Contradictions and Friendly Disagreements; Six Points El-Erian Misses