Hard hitting global and local news
The Wall Street Journal reports Pending Home Sales Rise 0.2% in October , economists had predicted a 1.5% increase. The Bloomberg Econoday consensus was for a +1.0% gain. Sales of existing homes have been soft and are not likely to pick up in the next few months based on October’s pending sales index which is up only 0.2 percent
Via translation, 20 Minutes reports National Front Ahead in Regional Election Polls .
This unbelievable statement comes as Hollande and Putin Seek Common Ground but Remain at Odds Over Syrian Targets . The leaders of France and Russia held more than three hours of talks at the Kremlin focusing on the fate of the Syrian president and on which parts of the armed opposition should be protected from air strikes. The summit was part of Mr Hollande’s push for a broader coalition against Islamist radicals Isis after the attacks in Paris a week ago.
The Wall Street Journal explains Low Crude Prices Catch Up With the U.S. Oil Patch . U.S
View article: Industrial Production Unexpectedly Declines Again: Don’t Worry, It’s the Weather and Mining
These attacks fuel new questions about Europe’s border-free travel . Friday night’s attacks are now raising the possibility that the ease of movement that Schengen guarantees may have been used by the terrorists to wreak havoc.
See more here: ISIS Claims "Only Beginning of Storm"; Poland Backs Out of Refugee Agreement, Says It’s a "Great Mistake";…
I am saddened to report Paris attacked: Dozens Dead, Hostages Taken . Paris was struck by co-ordinated attacks on Friday night, causing chaos in the French capital in one of the deadliest terrorist atrocities on a western city since September 11, 2001. President François Hollande declared that “several dozen†had died as he appeared on television to declare a state of emergency, deploying the military around Paris and closing France’s borders
Read this article: Women Not Leaving the Nest in Record Numbers; Marriage and Kids, Who Can Afford Them?
Reflections on Economists and the Weather Posted by Michael Shedlock at 11:59 AM 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).