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Should We Change the Name "Labor Day" to "Robot Day"? Happy Labor Day! Here’s the question of the day, on this Labor Day weekend: Will a robotic economy do away with human work? That’s what Barron’s suggests in its pay-walled editorial commentary: The End of Labor?
Read More: ISM Weaker Than Expected, Details Weak, Exports Contract Third Month
In China, a massive witch hunt is underway. Beijing regulators now seek individuals who have destabilized the markets and spread rumors. Official want someone to blame after their Large-Scale Share Purchases failed to halt a huge stock market slide.
See original article: Fed Queen Race: Personal Income Rises 0.4% as Expected; Good for Rate Hikes? GDP?
Originally posted here: GDP by Other Measures; Will the "Real" GDP Please Stand Up?
Read More: Kansas City Region Activity Remains in Deep Contraction
Taken from: Another Wild Ride; Stocks Collapse Into Close; Dip Buyers Hammered; Overhead Supply
Bloomberg reports Panic Grips Emerging-Market VIX in Biggest Jump on Record The rout in markets from China to South Africa triggered a record jump in a gauge of options prices on developing-nation stocks as investors purchased contracts to protect against future declines. The benchmark — called the CBOE Emerging Markets ETF Volatility Index — more than tripled as trading began at 9:30 a.m
Please consider How US Sugar Policies Just Helped America Lose 600 Jobs .
Read More: Huge Glut in European Dairy Cows and Milk Coming Up