October 25, 2014
Home Prices Drop in 69 of 70 Chinese Cities; Did the Pool of Greater Fools Run Out?
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Hard hitting global and local news
Hard hitting global and local news
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Flash Germany Composite Output Index at 54.3 (54.1 in September), 3-month high. Flash Germany Services Activity Index at 54.8 (55.7 in September), 4-month low. Flash Germany Manufacturing PMI at 51.8 (49.9 in September), 3-month high
Late Payments by Ibex Companies Hits €47 Billion, 169 Days (3 Times Legal Time Limit); Ibex vs. DOW Lack of significant improvement in payments by IBEX companies to suppliers is yet another another sign there isn’t much of a recovery in Spain
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View article: McDonald’s Vows Fresh Thinking After Net Income Declines 30%; Mish Offers Some Advice
View original post here: Challenge to Keynesians "Prove Rising Prices Provide an Overall Economic Benefit"
Nonperforming Spanish Loans Near All-Time High as Overall Credit Shrinks Posted by Michael Shedlock at 11:25 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)
Read More: Greece 10-Year Bond Yield Soars to 9% as Prime Minister’s Gambit Explodes; Snap Elections Likely, and Opposition Syriza…
Post-Foreclosure Hell: Garnished Wages, Seized Assets, Deficiency Judgments In 2009 and 2010 " Walking Away " was the rage. (skip the adds and scroll down to my list of articles)