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See the original post: Industrial Production Declines Most in 3.5 Years, Down Eighth Time in Ten Months
Please consider The Liquidity Trap That’s Spooking Bond Funds . The debt world is haunted by a specter—of a destabilizing run on markets. Last week, this took on more form even if there weren’t concrete signs of panic
Disastrous Discussion: US Corporate Profits vs. GDP: How Sustainable is Corporate Profit Trend? Do US Equities Deserve a PE Premium
View original post here: U.S. Satisfaction Falls to 13-Month Low
When Shipping Overcapacity Meets Falling Demand Posted by Michael Shedlock at 3:37 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s)
At an informal meeting ahead of last Friday’s official meeting, Russia and Iran Rejected the Saudi Proposal . Saudi Arabia has long insisted it would cut production only if fellow OPEC members and non-OPEC countries joined in. The report quoted a senior OPEC delegate as saying the Saudis would agree to cuts if Iraq freezes production rises and Iran and non-members such as Russia, Mexico, Oman and Kazakhstan contribute.
Please consider Abengoa: Another Story Of Sudden Insolvency . Throughout this current year, 99 companies across the world have defaulted, the second highest figure in the decade after the 2009 crisis, according to S&P. Spanish firm Abengoa could be added to the list.
More: Trade Deficit Widens as US Exports Dip
View post: Triumph of Trumpism and LePenism; Waiting for a Volunteer Mouse
Read the article: Manufacturing ISM Contracts; Lowest Reading Since June 2009; Glimmers of Hope Extinguished