Date: May 24, 2012
The Pollyannas who thought the European recession would be short, shallow, and contained to the periphery have another thing coming. All three ideas were downright silly as I have long stated.French Manufacturing PMI Plunges to 44.4,...
Mish's Global Economic Trend Analysis: Containment Theory Blows...
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After repeated denials of the creation of a combined "bad bank", Spain's economy minister Luis de Guindos is discussing creation a public body merging all the smaller bad banks into one gigantic bad bank, equivalent to 20% of the enti...
Mish's Global Economic Trend Analysis: Spain Plans to Merge All...
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Markit Reports Eurozone PMI Suffers Worst Downturn Since Mid-2009
Flash Eurozone PMI
Composite Output Index at 45.9 (46.7 in April). 35-month low.
Flash Eurozone Services PMI Activity Index at 46.5 (46.9 in April). 7-month low.
Flash...
Mish's Global Economic Trend Analysis: Eurozone PMI Disaster - W...
Here’s a newsflash: Internet is not killing the retail star. But how can this be? Isn’t e-commerce keeping consumers on their couches?Far from being the death of brick and mortar, internet traffic is determining where and when to...
More Hits; More Stores: How Web Traffic is Driving Brick and Mor...
Bailian Group of Shanghai, whose domestically well-known businesses include the Shanghai Friendship Group and Lianhua Supermarket,? ? led? a list of? top chain stores in China published by the China Chain Store and Franchise Association...
Bailian Tops List Of China's Biggest Chain Stores; Walmart, Yum!...
inflation expectations are low. one of the three legs needed for the Fed to print money.
Bond Market Liberates Fed - WSJ.com
inflation expectations are low. one of the three legs needed for the Fed to print money.
by CalculatedRisk on 5/24/2012 08:30:00 AMThe DOL reports:In the week ending May 19, the advance figure for seasonally adjusted initial claims was 370,000, a decrease of 2,000 from the previous week's revised figure of 372,000. The 4-...
Calculated Risk: Weekly Initial Unemployment Claims essentially...