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KELLY: But you built an airport in Mexico, right? ZELL: No, we built a border crossing. KELLY: Border crossing, yes, sorry.
Paradigm Change: Saxo Bank’s Ten Outrageous Predictions for 2016: Slide Show Every year, Saxo Bank CIO and chief economist Steen Jakobsen comes up with a selection of " outrageous " predictions for the new year. Note: This is not the official Saxo forecast, but I do believe many of the ideas below are in-line with their general direction on things. The predictions are not all that outrageous
View post: Knowing the Unknowable; Reflections on the Fed Hike
Read More: Empire State Manufacturing Contracts Fifth Month, Employment and Workweek Worst Since 2009
Read the article: Fed Openly Discusses "Permanently High Balance Sheet"; Lie Finally Admitted
More: Retail Sales Soft Again (Unless You Exclude Everything Weak); How to Uncover the Hidden Consumer Strength!
Import/Export Price Deflation: Export Prices -0.6%, Double Consensus Estimate; Import Prices -0.4% Half Estimate; Net Negative for GDP Import/Export Price Deflation Import/export price deflation continues in November. The kicker this month is a decline in exports prices greater than the decline in import prices with agricultural products leading the way, down a steep 1.1%. The Bloomberg Econoday consensus estimate was for export prices to dip -0.3% and import prices to dip -0.8%
The Canadian dollar, affectionately known as the loonie because of a loon on the one dollar coin, has crashed vs. the US dollar. US Dollar vs
The English version El Pais asks Is it time for Spain to address its plummeting birth rate? Figures from the National Statistics Institute (INS) show there was a peak in 1944, with 23 births per 1,000 inhabitants. But that number bottomed out in 1998 when only nine births per 1,000 were reported.“We have seen an incredible decline in the birth rate, which has been cut by half since 1975, and this trend is here to stay,†says Andrés, of the University of Palencia