McDonald’s Plan Is Long on Jargon, Short on “Red Meat”
Greece is at a risk of failing to secure release of EUR3.6 billion worth of bailout funds. Absent these funds, Greece is insolvent, full stop.
BRIC manufacturing PMIs (Markit) are out for April, and the signs are poor in terms of economic growth prospects for the block of the four largest emerging economies.
The U.S. monthly goods and service trade deficit in March surged by the greatest amount since December, 1996.
The Keystone XL Pipeline saga should be laid to rest in the coming months when the U.S. State Department issues its final ruling on the project.
Ben Bernanke’s skin is as thin, apparently, as is his comprehension of honest economics. The emphasis is on the “honest” part because he is a fount of the kind of Keynesian drivel that passes for economics in the financially deformed world that the Bernank did so much to bring about. Just recall that he first joined the…
Including the professional class, perhaps 3% of the workforce is truly independent.
The record plainly shows that trade flows shaped by the deals on which this planned pact is based, and similar trade policies, have cut U.S. economic growth by nearly 16 percent
David Stockman in the first of a two-part interview.
We seem to be undergoing a market sentiment change as fresh signs appear that US inflation has bottomed.Commodity markets are firmer, particularly industrial metals. We’ve seen nickel prices moving up sharply a couple of days back (see chart). Here is …