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China: Official PMI Slows To Near Neutral
Article By:
John Lounsbury
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Monday, March 3, 2014 5:54 AM EDT
Econintersect: The official government PMI (Purchasing Managers' Index) for manufacturing came in lower than expected for February.
Near-Bankrupt Rome Bailed Out As Italy Unemployment Rises To All Time High, Grows By Most On Record In 2013
Article By:
Tyler Durden
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Monday, March 3, 2014 5:50 AM EDT
A few days ago, we reported that, seemingly out of the blue, the city of Rome was on the verge of a "Detroit-style bankruptcy."
Weighing The Week Ahead: More Clarity About Employment?
Article By:
Jeff Miller
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Saturday, March 1, 2014 11:46 PM EDT
Jeff Miller summarizes positive and negative signs for current employment, including analyses and data from different employment reporting services.
American Suicide
Article By:
James Quinn
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Saturday, March 1, 2014 10:18 PM EDT
llegal immigrants cost the U.S. more than $450 billion a year. That’s as much as our trade deficit, but what do we get in return?
International Banks Under Pressure
Article By:
Sober Look
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Saturday, March 1, 2014 9:30 PM EDT
The paper is the first to raise the possibility that the five banks overseeing the century-old rate -- Barclays Plc, Deutsche Bank AG, Bank of Nova Scotia, HSBC Holdings Plc and Societe Generale SA -- may have been actively working together to manipulate the benchmark.
Third World America - The Big Fix: The Gulf Of Mexico Oil Spill Coverup
Video By:
Jesse's Cafe Americain
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Saturday, March 1, 2014 9:03 PM EDT
Is anything really different, or have we just been prompted to move on and think about something else?
Near-Bankrupt Rome Bailed Out As Italy Unemployment Rises To All Time High, Grows By Most On Record In 2013
Article By:
Tyler Durden
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Saturday, March 1, 2014 8:07 PM EDT
Guido Guidesi, a parliamentarian from the Northern League, was quoted as saying "It's time to stop the accounting tricks and declare Rome's default."
Pending Home Sales Data Bad – Blamed On Weather, Credit, Affordability
Article By:
Steven Hansen
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Friday, February 28, 2014 11:21 AM EDT
The pending home sales index for January 2014 was released by the National Association of Realtors (NAR) today, and our analysis suggests that February 2014 existing home sales again may not be good.
February 2014 Chicago Purchasing Managers Barometer Marginally Rises
Article By:
John Lounsbury
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Friday, February 28, 2014 10:43 AM EDT
Econintersect: The Chicago Purchasing Managers Index rose marginally, and remains firmly in expansion territory. Employment component of the index rose strongly.
GDP Q4 Second Estimate At 2.4%, Down From The 3.2% Advance Estimate
Article By:
Doug Short
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Friday, February 28, 2014 9:50 AM EDT
The Second Estimate for Q4 GDP, to one decimal, came in at 2.4 percent, down from 3.2 percent in the Advance Estimate. The GDP deflator used to calculate real (inflation-adjusted) GDP rose to 1.5 percent from 1.3 percent in the Advance Estimate.
Kansas City Fed: Manufacturing Growth Continues In February 2014
Article By:
Steven Hansen
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Friday, February 28, 2014 5:32 AM EDT
Of the five regional surveys released to date for February, three show manufacturing expansion.
Rome Is On The Verge Of Detroit-Style Bankruptcy
Article By:
Tyler Durden
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Friday, February 28, 2014 5:06 AM EDT
With European peripheral bond yields collapsing every single day to new all time lows (primarily driven by Europe's near-certainty that a US-style QE is imminent as we first showed here in November...
Rail Week Ending 22 February 2014: Rail Recovers Somewhat
Article By:
Steven Hansen
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Friday, February 28, 2014 4:03 AM EDT
Econintersect: Week 8 of 2014 shows same week total rail traffic (from same week one year ago) grew according to the Association of American Railroads (AAR) traffic data. The rolling averages are mixed, and the 4 week rolling average is contracting compared to the rolling average one year ago.
One Idea How To Generate 5.8 Million Jobs
Article By:
Tyler Durden
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Friday, February 28, 2014 3:52 AM EDT
According to the Economic Policy Institute, a Washington think tank supported by organized labor, the answer to generating up to 6 million more jobs is as simple as ending global currency manipulation.