Euro AreaDebtCrisisOfficially ‘CalledOff’ http://feedly.com/k/14w7ESF A LittleGoosingoftheMoneySupplyandtheWorldisAlrightAgain We have pointed out for several months in these pages that the increase in the euro area’s true money supply (+8% year-on-year) would likely produce further improvements in PMI data and other measures of economic activity in the euro zone. See for instance our June 5 article “Euro–AreaPMIDataImproveasMoneySupplyGrowthAccelerates”. This is not rocket science to be sure, but we have … Seguir leyendo Euro Area Debt Crisis Officially ‘Called Off’

Enlace Seguir leyendo II REUNIÓN DE “CONVOCATORIA”, EL LLAMADO HASTA AHORA “FRENTE AMPLIO”

Chinese Province ‘Busted’ ForFakeData; Exaggerated 2013 OutputByOver 150% http://feedly.com/k/15GWVUR Still believe that China’s PMI is above 50 and suggesting a global growth expansion? Still believe in Santa and the Tooth Fairy? Well, none other than China’s own National Bureau of Statistics has been forced to admit that at least one of its major provinces has dramatically overstated industrial output. As Sinareports, according to a NBS … Seguir leyendo Chinese Province ‘Busted’ For Fake Data; Exaggerated 2013 Output By Over 150%

On ThisDayInHistory, CrudeOilHasNeverBeenMoreExpensive http://feedly.com/k/15GWCcF We are sure this is just a ‘transitory’ storm-in-a-teacup, but for those who ‘use’ energy, the price of the most important raw material in the world has never been higher on this day of the year than it is today… mustbeallthisgrowth? But of course, there’s still plenty of ‘absolute’ uspide… Data: Bloomberg shared via http://feedly.com Seguir leyendo On This Day In History, Crude Oil Has Never Been More Expensive

America’s BrokenDream http://feedly.com/k/17H3lX5 Inequality has been rising at an unprecedented rate in the US, undermining America’s reputation as the "land of opportunity." If allowed to continue, this trend could undermine confidence in the free-market, democratic principles that the US has espoused for decades, thereby eroding its soft power and weakening global governance. shared via http://feedly.com Seguir leyendo America’s Broken Dream