Income-Wise, WhatPercentageofPeople are WorseOffNowThanin 2000? http://feedly.com/k/16oLt7v Inquiring minds are wondering "Income-Wise, WhatPercentageofPeople are WorseOffNowThanin 2000?" I asked Doug Short at AdvisorPerspectives that seemingly simple question after posting his chart of Real Disposable Income in IllusionofProsperity: DeflatingtheAmericanDream; No Recoveryin "Real" Income. click on any chart for sharper image My comment from the above link: "Real median incomes are down 7.3% since 2000. Thatmeansatleasthalfofthepopulationisworseoffnowthan 13 yearsago!" Notes … Seguir leyendo Income-Wise, What Percentage of People are Worse Off Now Than in 2000?

ESPAÑA TIENE DEMASIADAS UNIVERSIDADES http://feedly.com/k/16oLl8b “España es el país más fuerte del mundo, los españoles llevan siglos intentando destruirlo y no lo han conseguido” “Lo increíble de España es que con una clase política tan inepta, todavía exista el país” OttoVonBismarck, primer canciller de Alemania, 1815–1898. En estos días he vuelto a escuchar afirmaciones de este tipo: “España tiene muchas universidades” o “España ha construido … Seguir leyendo ESPAÑA TIENE DEMASIADAS UNIVERSIDADES

More ManufacturingComingBacktothe U.S. – NYTimes.com http://feedly.com/k/1feYhky shared via http://feedly.com Seguir leyendo More Manufacturing Coming Back to the U.S. – NYTimes.com

BOJ’saggressiveQEfinallybroughtdownJGByields http://feedly.com/k/1feXznj The Bank of Japan was able to lower Japanese government bond yields after an unexpected spike earlier this year (see post). The 10yr JGB is now yielding around 70bp, corresponding to about minus one percent of real yield. The central bank continues to control this market, accelerating bond purchases since the new governor took the helm. Sooner or later that forces yields lower. … Seguir leyendo BOJ’s aggressive QE finally brought down JGB yields

Suecia: “La policía fichó a miles de gitanos” http://feedly.com/k/1eCJT4n Desde 2012, la policía sueca ha fichado 4.029 romaníes, de los que un millar son menores, aunque que el fichaje étnico es ilegal en Suecia, revela DagensNyheter. Creado por la policía de Lund, en Escania (sur), el fichero indica también los vínculos entre las personas fichadas y es accesible a los agentes de otros departamentos así … Seguir leyendo Suecia: “La policía fichó a miles de gitanos”

Elecciones alemanas 2013: Merkel tiene “Europa a sus pies” http://feedly.com/k/15mczGt “Angela Merkel aplasta a sus rivales políticos”, escribe Rzeczpospolita. En su editorial, el diario polaco afirma que durante su tercer mandato, “la mujer más importante del mundo” demostrará cómo utilizar el extraordinario poder de Alemania en la UE. Este tercer mandato constituye una oportunidad para demostrar la hegemonía de Alemania en todos los ámbitos. ¿Será … Seguir leyendo Elecciones alemanas 2013: Merkel tiene “Europa a sus pies”

USPMIMissesExpectationsTo 3-MonthLows; OrdersAndEmploymentTumble http://feedly.com/k/16lK7KS Despite exuberance at European and Chinese PMIs, the US clean shirt just skidded with a miss. Against expectatins of a high YTD 54.0 print, PMIposted 52.8 – itslowestin 3 monthsandfallingforthesecondmonthin a row. New orders fell at the slowest pace since April (boding ill for durable goods) and the employment sub-index grew at the slowest pace in 3 months (suggesting payrolls will … Seguir leyendo US PMI Misses Expectations To 3-Month Lows; Orders And Employment Tumble

TheCreditBubbleIsNotOnlyBack, ItIs 94% BiggerThanIn 2007 http://feedly.com/k/18RsPPN If the Fed was worried about ‘froth’ in the markets earlier in the year, then this chart should have them panicking. Of course, as JimBullardnotedFriday, thereis no bubblebecauseeveryoneknowsthereis no bubble but judging by the massive surge in covenant-lite loan issuance, there is a bubble in forced demand for leveraged loans. At $188.7 billion, the 2013 issuanceofthesehighlyunsafeloans (whichhaveseenhugeinflowssincetheFedstartedtalkingtaperbackinMay) isalmostdoublethatofthepeakofthelastcreditbubblein 2007 … Seguir leyendo The Credit Bubble Is Not Only Back, It Is 94% Bigger Than In 2007

EUPMIUpbutEconomyStillFragile http://feedly.com/k/1eCIfQ9 FollowZeroHedgein Real-Time onFinancialJuice The Germans will be getting out the beer and drinking a double dose of the amber nectar not only because MuttiMerkel as she is known (otherwise known as ‘Mother’ Angela Merkel) was reelected on Sunday 22nd September, but also because new reports issued today show that the Eurozone is doing better than expected. Let’s just hope that it’s not going … Seguir leyendo EU PMI Up but Economy Still Fragile

Grecia : La fábrica de neonazis http://feedly.com/k/1eCIcUv Eleftherotypia, Atenas – Viñeta. Ver más. shared via http://feedly.com Seguir leyendo Grecia : La fábrica de neonazis