Expect "DramaticSlowdown" inGermany: Saxo BankAnalysis http://feedly.com/k/1en988z Saxo Bank chief economist Steen Jakobsen had some interesting comments on Germany and German exports given a slowdown in China and a rising Euro. To help put things in perspective, here is a chart on the Euro. Technical analysts will point out this is a bearish break of the trendline, thus the euro may be headed lower. Fundamentally, the … Seguir leyendo Expect “Dramatic Slowdown” in Germany: Saxo Bank Analysis

OilSandsandtheEnvironment – PartII http://feedly.com/k/17PpnLV Introduction Today I continue coverage of my recent visit to the Athabasca oil sands near Fort McMurray, Alberta. I was there as a guest of the Canadian government, which hosts annual tours for small groups of journalists and energy analysts. I will be covering multiple aspects of oil sands production in a series of posts. In last week’s post — OilSandsandtheEnvironment … Seguir leyendo Oil Sands and the Environment – Part II

BitcoinOr A Bank? Here’sHowTheyStackUp http://feedly.com/k/18u6lJu SubmittedbyMichaelKriegerofLibertyBlitzkriegblog, The following graphic was put together by the folks at PromontoryFinancial and is extremely telling. It looks at three ways in which a U.S. citizen might choose to go about sending a $1,000 downpayment to Europe for the purpose of renting a vacation home. They put Bitcoinsidebywithwith a traditionalbankwire as well as a creditcardtransaction. Theresultsmightsurpriseyou… shared via http://feedly.com Seguir leyendo Bitcoin Or A Bank? Here’s How They Stack Up

How I ExplainedBitcointoMy 94-Year-OldMother http://feedly.com/k/1iAQ7lK How I ExplainedBitcointoMy 94-Year–OldMother The Dow fell yesterday. Gold too. But at least Tim Geithner has found a job. Now, he can give up the food stamps … and get off the unemployment rolls. The cronies are taking back one of their own. He’s back on Wall Street – at private equity firm Warburg Pincus. “When they approached me, they … Seguir leyendo Cómo expliqué a mi madre lo que es el Bitcoin

Eurozone Flash PMIShowsSlightGrowth, FranceBackinContraction http://feedly.com/k/17RrZUh The rosy eurozone growth estimates of a few months ago have bitten the dust already with the possible exception of Germany. The Markit Flash EurozonePMI signals slowing growth for second successive month in November, with France leading the way. Flash Eurozone PMI Composite Output Index at 51.5 (51.9 in October). Three-month low. Flash Eurozone Services PMI Activity Index at 50.9 … Seguir leyendo Eurozone Flash PMI Shows Slight Growth, France Back in Contraction

China Flash PMIDropsMostIn 6 Months http://feedly.com/k/17Ovxqm China’s HSBC Flash PMI missedexpectationsrathernotably (50.4 vs 50.8 exp) anddroppeditsmostMoMsinceMay as the hope-mongering of a China-led renaissance in global growth is dashed on the shores of liquidity reality. It was a mixed bag – providing just enough for everyone under the covers. New exports orders dropped to 3-month lows and employment flipped into the deteriorating camp but manufacturing output … Seguir leyendo Caída del PMI de manufacturas chino

PhillyFedManufacturingSurveyindicatesSlowerExpansioninNovember http://feedly.com/k/18rrG6i From the Philly Fed: NovemberManufacturingSurvey ManufacturinggrowthintheregioncontinuedinNovemberbutdidnotmatchthe pace ofgrowthintheprecedingmonth, according to firms responding to this month’s Business Outlook Survey. The survey’s broadest indicators for general activity, new orders, shipments, and employment were positive, signifying growth, but readings for each fell from October. The survey’s indicators of future activity also moderated but continue to suggest general optimism about growth over the next six months. Thesurvey’sbroadestmeasureofmanufacturingconditions, … Seguir leyendo Indicador adelantado de manufacturas muestra debilidad en noviembre

MIneraldepletion: where do we stand? http://feedly.com/k/1bDNQ2y Thisis a writtenversionofthetalkthat I gaveinStuttgartonNov 12th forthe “ResourceEfficiencyand Circular EconomyCongress". Itisnot a transcriptionofmyspeech, but a versionwrittenfrommemorythatmaintainsthegistofwhat I said Ladies and gentlemen, first of all I would like to thank the organizers of this meeting because it is a pleasure and a honor to be here today. It is a pleasure, mainly, to see that the local government of Baden-Wurttemberg … Seguir leyendo MIneral depletion: where do we stand?

OECD WarnsUK Faces HousingBubble http://feedly.com/k/1dhC7xg The U.K. faces a housing-market bubble unless the government boosts the supply of new homes, the OECD warned yesterday. U.K. homevalueshaveclimbed 36.6% since 2004, theseventh-biggestriseamong OECD nationsandbackneartheir 2007/8 bubblehighs. The Bank of England said last week mortgage approvals had surpassed 60,000-a-month six months earlier than it had predicted. As Bloomberg’s Niraj Shah notes, while the OECD raised its forecasts for … Seguir leyendo OECD Warns UK Faces Housing Bubble

Bitcoin Bonanza http://feedly.com/k/1h2yaNz ClickheretofollowZeroHedgein Real-time onFinancialJuice Five years ago it was worth $0. Then, a month and a half ago it went to $150 a piece. On Monday it shot to over $600. On Tuesday, the value rose to over $900, meaning a 6, 445%-increase in value since the start of the year. It plummeted to $531 at midday today and then recovered reaching $793 … Seguir leyendo Bitcoin Bonanza