Fed: Industrial Productionincreased 0.4% inAugust http://feedly.com/k/150FLlY From the Fed: Industrial productionandCapacityUtilization Industrial productionadvanced 0.4 percentinAugustafterhavingbeenunchangedinJuly; the gains in August were broadly based. Following a decrease in July of 0.4 percent, which was steeper than previously reported, manufacturing production rose 0.7 percent in August. The output of mines moved up 0.3 percent, its fifth consecutive monthly increase, and the production of utilities fell 1.5 percent, its … Seguir leyendo Fed: Industrial Production increased 0.4% in August

Thepeakinworldoilproductionisyetto come http://feedly.com/k/14Tfaga World oil production stagnated between 2005 and 2007, which given rapid growth in demand from emerging economies . Some observers suggested that production might never rise much above the levels seen in 2005. Among those who raised this possibility, two of the more thoughtful have changed their mind. Euan Mearns last month summarized what he saw as three (or four) nailsinthecoffinofpeakoil. And … Seguir leyendo The peak in world oil production is yet to come

BIS veteransays global creditexcessworsethanpre-Lehman – Telegraph http://feedly.com/k/1bkUCPx shared via http://feedly.com Seguir leyendo BIS veteran says global credit excess worse than pre-Lehman – Telegraph

Huy, huy… ConsumerConfidenceCollapses – BiggestMissOnRecord http://feedly.com/k/18ZkURj Thisisthefirstconsecutivemonthlydropin 14 monthsandthelargestmissvsexpectationsonrecord. Printing at 76.8 (against an expectation of 82.0), this is the lowest in 5 months and points to the picture we have been painting of a consumer increasingly affected by rising rates and soaring gas prices amid stagnant incomes. As Citi notes below, this is the exact same pattern we have seen play out in the … Seguir leyendo Consumer Confidence Collapses – Biggest Miss On Record