—- China ManufacturingPMIMisses, TumblesTo 7-MonthLow // ZeroHedge With every sub-index decreasing or deteriorating, it is no surprise that China’s HSBC Manufacturing PMI missed expectations. At 48.3, thisisthelowestsinceJulyoflastyearwiththeemploymentsub-indexthelowestsince Feb 2009. Markets are not happy that the dream of a sustainable escape velocity growth miracle is not coming true and for now bad news is bad news (as The Fed’s minutes suggested they will – just as … Seguir leyendo China Manufacturing PMI Misses, Tumbles To 7-Month Low

—- The 1% Don’tFeelTheWeather: FerrariPostsRecord Sales InUS; DoubledInJan // ZeroHedge First Mercedes, then Porsche, and now Ferrari and Maserati post record US sales in January… *FERRARIPOSTSRECORD SALES IN U.S. AND U.K. IN 2013*FERRARIANDMASERATI GLOBAL MORE THANDOUBLEINJANTO 2,400 …a month where the non-1%-auto-makers struggled mightily. Of course, the latter missed expectations are blamed on weather (as opposedtodealerinventoriesstuffedatrecordlevels, a replacement cycle that has run its course, or … Seguir leyendo The 1% Don’t Feel The Weather: Ferrari Posts Record Sales In US; Doubled In Jan

—- NikkeiSoarsByOver 400 Points As BOJ RedirectsAttentionFromQEToLoans // ZeroHedge Clearly boxed in by the concern that any increase in their QE program will shift sentiment from stimulus to monetization, theBoJkeptthemoney-printingthesame but redirected focus by raising the ceiling on their bank lending facility (from JPY3.5 trillion to JPY 7 trillion). This is being presented to the public as dovish despite the balance sheet recession’s debt minimization … Seguir leyendo Nikkei Soars By Over 400 Points As BOJ Redirects Attention From QE To Loans

—- 200 YearsOfScorchitude: ProfessorWarns California ToBraceFor A "Mega-Drought" // ZeroHedge Two years into California’s drought and locals are repeating (mantra-like) "we’veneverseenanythinglikeit." They are right, of course, since this is the worst period of rainlessness since records began… but if Cal Berkeley professor Lynn Ingram is correct, they ain’t seen nothing yet. The paleoclimatologist fears, if very long-run history repeats, California should brace itself for a … Seguir leyendo 200 Years Of Scorchitude: Professor Warns California To Brace For A “Mega-Drought”

Según publica este martes Vozpópuli un juzgado de Oviedo ha condenado por primera vez a Bankia a reintegrar el dinero invertido en la colocación de acciones de la OPV de 2011. El juez ha considerado que se produjo mala comercialización por parte de la entidad al entender que a los clientes se les estaba engañando con el precio de las acciones y con una gran demanda … Seguir leyendo La Justicia considera una estafa la salida a Bolsa de Bankia y obliga a devolver el dinero