A Nobel forthe Tea Party? Fama thinks Obama is a Socialist http://feedly.com/k/GZXLbf If you read in Spanish I wrote this little note on the last Bank of Sweden Prize in Memory of Alfred Nobel. Also, you may want to read the interview given by Eugene Fama to John Cassidy from the New Yorker in 2010. He says many things, but I would like to point … Seguir leyendo A Nobel for the Tea Party? Fama thinks Obama is a Socialist
WhatRecovery? EconomicSlideContinues As EmpireFedMissesByMostIn 5 Months http://feedly.com/k/GZXJjw In what feels like the first actionable macro data release in a while, the Empire Fed Manufacturing survey (yes "soft" data butit’sallwehavetoplaywithfornow) missed expectations by the most in 5 months. Againstconsensusof 7.00, the 1.52 printisthelowestin 5 monthsandthe 3rd missin a row. Once again, the employment sub-index slumped – now at its lowest since July (dismissingthatAugustspikethatwenowknowwasdrivenbytheexuberantlast-minute spendingofgovernmentbudgets). Of course … Seguir leyendo What Recovery? Economic Slide Continues As Empire Fed Misses By Most In 5 Months
ProfessorEspouses 2+2=4, LaudedwithAccoladesAndWins Nobel PrizeFor Real EstateBubbles http://feedly.com/k/17rXPGD I like Professor Shiller and respect his work. Really, I do, but… Massive bubbles, the sort of the proportion of the 2008 crisis, are nigh impossible to miss if you can add single digits successfully and are able to keep your eyes open for a few minutes at a time. Yes, I truly do feel its that … Seguir leyendo Professor Espouses 2+2=4, Lauded with Accolades And Wins Nobel Prize For Real Estate Bubbles
ECB’sDraghi: KnowingTooMuchAboutOurBigBanksCouldSetOff A Panic http://feedly.com/k/1hU8sa3 Wolf Richter www.testosteronepit.com www.amazon.com/author/wolfrichter European banks, like all banks, have long been hermetically sealed black boxes. If someone managed to pry open just one tiny corner, the reek of asset putrefaction that billowed out was so strong that the corner would immediately be resealed. In cases where the corner didn’t get resealed fast enough and too much of the reek … Seguir leyendo ECB’s Draghi: Knowing Too Much About Our Big Banks Could Set Off A Panic
Hay que tener en cuenta que en agosto del año pasado hubo un mes muy bueno en ventas debido al efecto anticipación de la subida del IVA, luego esta bajada es transitoria, cosa que no tiene en cuenta el artículo VATIncreaseBackfiresinSpain, Supermarket Sales Plunge 7.2% http://feedly.com/k/17rWsb3 The nannycrats in Brussels and the IMF keep pressuring Spain to hike the VAT and Spain does every time. … Seguir leyendo VAT Increase Backfires in Spain, Supermarket Sales Plunge 7.2%
Watchwhat China doeswithUSdebt, notwhatitsays – Telegraph Blogs http://feedly.com/k/1buzyDf shared via http://feedly.com Seguir leyendo Watch what China does with US debt, not what it says – Telegraph Blogs
NYFed: EmpireStateManufacturingActivity "heldsteady" inOctober http://feedly.com/k/1fzQYDh From the NY Fed: EmpireStateManufacturingSurvey The October 2013 Empire State Manufacturing Survey indicates that business conditions held steady for New York manufacturers. The general businessconditionsindexfell 5 pointsto 1.5. The new orders index rose five points to 7.8 … Labor market conditions were also steady, with the index for number of employees falling four points to 3.6 and the average workweek … Seguir leyendo NY Fed: Empire State Manufacturing Activity “held steady” in October
http://www.fao.org/noticias/2002/020304-s.htm Seguir leyendo diversidad genética y la ética
http://www.mundiario.com/articulo/economia/crisis-y-ciudadania/20131014170006011339.html Seguir leyendo ¿Hay riesgo de agravar la crisis de instituciones democráticas hasta deslegitimarlas? – Economía – Mundiario
Máxime ahora que la prima de riesgo marca a la baja y la bolsa repunta. Además, a la troika le preocupa, y mucho, la banca francesa e italiana. En cualquier caso, las autoridades comunitarias exigen a Rajoy que cumpla con el déficit y que acelere las reformas. Definitivo: el rescate bancario europeo terminará el próximo 31 de diciembre, esto es, Europa no va a prorrogar … Seguir leyendo El Eurogrupo no permitirá a España un segundo rescate bancario… ni España lo desea: no puede afrontar más deuda
