First fall in US manufacturing output since 2009 as the Eurozone pulls ahead

FirstfallinUSmanufacturing output since 2009 as theEurozonepullsahead http://feedly.com/k/1diMFJe The US government’s dysfunction that created tremendous uncertainty recently is now filtering through the economy. The impact on manufacturing is already visible, as the output of US factories takes a dive in October. Chris Williamson (Chief Economist)/Markit: – The flash PMI provides the first insight into how business fared against the backdrop of the government shutdown in October, … Seguir leyendo First fall in US manufacturing output since 2009 as the Eurozone pulls ahead

Can the Eurozone Be Saved?

Can theEurozone Be Saved? http://feedly.com/k/1aq0a7t European Political Leaders and Policy Experts to Meet for Two Days in Austin to Discuss The LBJ School of Public Affairs of the University of Texas at Austin will host a two-day conference on the fate of the Eurozone on Nov. 4 and 5. “Can the Eurozone Be Saved?” will convene European political leaders and […] shared via http://feedly.com Seguir leyendo Can the Eurozone Be Saved?

A Staff of Robots Can Clean and Install Solar Panels

A Staffof Robots Can CleanandInstall Solar Panels http://peakenergy.blogspot.com/2013/10/a-staff–of-robots-can-clean–and–install.html The NYT has an article on the use of robots for improving the energy efficiency and construction cost for solar power plants – A Staffof Robots Can CleanandInstall Solar Panels. In a dusty yard under a blistering August sun, Rover was hard at work, lifting 45-pound solar panels off a stack and installing them, one by one, … Seguir leyendo A Staff of Robots Can Clean and Install Solar Panels

Baltic Dry Bear Market Index

BalticDryBearMarketIndex http://feedly.com/k/19DGYUs As much as we loathe saying "we told you so" – especially when it relates to highlighting the fallacious bullshit of one James Cramer – the truth is that just 3 weeks ago we pointed out the fact that the Baltic Dry Index was being heralded as proof of China’s (and therefore the world’s great recovery) was a mistake. At the time, wenotedthetemporarynatureofthemoveandnowforwardmarketsindicateditwasnotsustainable; … Seguir leyendo Baltic Dry Bear Market Index

Meanwhile, In Bitcoin…

Meanwhile, InBitcoin… http://feedly.com/k/Hk1v6G Just lastweekwenotedthatthecryptocurrencywasquietlysurgingtowardsrecordhighs once again as the debacle in Washington, China’s comments on the USD, and Baidu’s acceptance of Bitcoins all interplayed to disrupt what many called he end of Bitcoin following the shuttering of Silk Road. Just yesterday, Bitcoin rose to almost USD235, within touching distance of April’s record high… but then thismorning, itcollapsedtounder $175 (as its liquidity reflected NFLX not global … Seguir leyendo Meanwhile, In Bitcoin…

The Utilitarian Math Says: The Top 1% Should Pay an 80% Marginal Rate: Emmanuel Saez and Thomas Piketty: Noted

TheUtilitarianMathSays: TheTop 1% ShouldPayan 80% Marginal Rate: EmmanuelSaezandThomasPiketty: Noted http://feedly.com/k/1c1ESOG EmmanuelSaezandThomasPiketty: Whythe 1% shouldpaytaxat 80%: In the United States, the share of total pre-tax income accruing to the top 1% has more than doubled, from less than 10% in the 1970s to over 20% today (pdf). A similar pattern is true of other English-speaking countries…. Other OECD countries… have seen far less concentration of income … Seguir leyendo The Utilitarian Math Says: The Top 1% Should Pay an 80% Marginal Rate: Emmanuel Saez and Thomas Piketty: Noted