jessescrossroadscafe.blogspot.com / 27 FEBRUARY 2015
Stocks were floundering around most of the day on a weak GDP revision this morning, and a shockingly low Chicago PMI which *could* be an effect, at least in part, of the weather.
Stocks are looking a bit lofty here, and volumes are thin.
But here comes March, and […]
davidstockmanscontracorner.com / by Jeffrey P. Snider • February 27, 2015
I think the ongoing destruction in the Japanese Household sector demonstrates very well a specific shortcoming about economic statistics like GDP. The basic calculation of the particular measure that forms the headlines of almost all commentary is a comparison of the current quarter to the […]
davidstockmanscontracorner.com / by David Stockman • February 27, 2015
The most important number in today’s Q4 GDP update was 2.3%. That’s the year/year change in real final sales from Q4 2013. As an analytical matter it means that the Great Slog continues with no sign of acceleration whatsoever.
Indeed, the statistical truth of the matter […]
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / February 27, 2015
Fourth quarter GDP was revised lower today to 2.2 percent from 2.6 percent previously estimated.
Looking ahead, I think we are going to see some shocking downward estimates in the months to come. Meanwhile, a shocking PMI report came out today.
Chicago PMI Crashes to […]
zerohedge.com / by Tyler Durden on 02/26/2015 17:20
On the day when the MSCI World Stock Index hits a fresh record high – enthused by the exuberance of the US markets – we thought it more than a little ironic that Global GDP growth expectations for 2015 just hit a fresh record low…
jessescrossroadscafe.blogspot.com / 26 FEBRUARY 2015
The Dow Industrial and the SP 500 were negative for the better part of the day, and decidedly so at times.
But the NDX and the cash Nasdaq were positive. Why was this?
The volumes on the Street are light, and the wiseguys are pushing tech hard to try […]
financialsense.com / by MICHAEL PETTIS / 02/26/2015
It is hard to watch the Greek drama unfold without a sense of foreboding. If it is possible for the Greek economy partially to revive in spite of its tremendous debt burden, with a lot of hard work and even more good luck we can posit scenarios that […]
news.goldseek.com / By Graham Summers / 26 February 2015
The global economy is literally imploding.
Investors believe that China’s economy is chugging along, but the non-fraudulent data says otherwise.
China’s GDP numbers are a total fiction. And Chinese Government officials even ADMIT it! Back in 2007, no less than current First Vice Premiere of […]
wolfstreet.com / by Wolf Richter / February 26, 2015
China has long frustrated the hard-landing watchers – or any-landing watchers, for that matter – who’ve diligently put two and two together and rationally expected to be right. They see the supply glut in housing, after years of malinvestment. They see that unoccupied homes are […]
zerohedge.com / by Tyler Durden on 02/25/2015 16:53
While Crude Oil and Dr. Copper are often cited as economic indicators, as we noted previously, in factLumber prices are the most correlated with ISM and GDP of all industrial commodities (h/t @Not_Jim_Cramer). That is a problem. Lumber prices are tumbling – breaking to 18-month lows […]
wallstreetexaminer.com / By Urban Carmel, Courtesy of The Fat Pitch • February 24, 2015
Even casual observers of the equity markets know that there is always a multitude of risks which threaten the advance of stock prices. It takes little effort to identify these. Focusing on the correct risk is trickier part.
Let’s take corporate […]
schiffgold.com / BY MIKE FINGER / FEBRUARY 23, 2015
ADS Securities Chief Market Strategist Nour Eldeen Al-Hammoury explained toBloomberg why he’s betting on the United States sliding back into recession in 2015. Just like Peter Schiff, he finds the GDP, factory orders, trade deficit, and other economic data points to be much more […]
zerohedge.com / by Tyler Durden on 02/19/2015 20:00
“X” continues to mark the spot of the death of global investor rationality…
19 “policy easings” since the start of the year have surged global equity prices to record highs but has sent expectations for global GDP growth to cycle lows…
zerohedge.com / by Tyler Durden on 02/19/2015 15:15
More than 100 million Americans are set to be impacted by the arctic blast known as the “Siberian Express” as record (low) temperatures are being broken across the eastern third of the nation. NBC News reports, Chicago is experiencing its coldest February since 1875 with roads […]
thedailysheeple.com / Ted Rall, Blacklisted News / February 19th, 2015
What he did to Libya is as bad as what Bush did to Iraq and Afghanistan. He doesn’t deserve a historical pass.
When Obama took office in 2009, Libya was under the clutches of longtime dictator Colonel Muammar Gaddafi. But things were […]
zerohedge.com / by Karl Weber of KW-invest AG (pdf) on 02/18/2015 19:31
Has anybody noticed the changes in the macro picture?
If GDP statistics are anything to go by, this move in the right direction is noteworthy: in 2014, the Greek economy has shown signs of stabilising or even growing a tad. It looks […]
wallstreetexaminer.com / by Anthony B. Sanders • February 16, 2015
(Bloomberg) — Greek aid talks in Brussels ended abruptly Monday as an official from Prime Minister Alexis Tsipras’s government said the euro area’s proposal to extend existing bailout commitments was “absurd” and “unacceptable.”
The Greek official, who insisted on not being further identified, issued […]
wallstreetexaminer.com / by Anthony B. Sanders, Courtesy of Confounded Interest • February 16, 2015
The good news coming from Japan is that Q4 preliminary real GDP numbers reveal that GDP rose to 2.2 percent (annualized) ending the recession that struck Japan.
While this is good news for Japan and the global economy, it is […]
zerohedge.com / by Tyler Durden on 02/16/2015 15:50
It was about a year ago today, when economist consensus, ever true to its “momentum extrapolation” ways, predicted that in the first quarter of 2014 US GDP would grow by a solid 2.2% (down from 2.9% predicted several months previously). This happened even as the […]
trueeconomics.blogspot.com / by Constantin Gurdgiev / February 16, 2015
Euro existence has been invariably linked to the promise of a ‘sustainable’ prosperity. From days when it was just a dream of a handful of European integrationists through today. Which means that we can have a simple and effective test for the raison d’être of […]