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Empire Fed Manufacturing Plunges, Biggest Miss In Over 3 years
From 5 years highs to 6-month lows in one month - Empire Fed manufacturing missed expectations by the most since June 2010 as New orders collapsed. The employment sub-index rose but workweek tumbled. Yet again, as we have described in greast detail, US economic data surges into the end of Q3 (government fiscal year-end) on spend-spend-spend year-end budget flushes, then collapses and disappoints.
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And imagine, this is government data, which means it is highly manipulated on the positive side.
It will get worse and worse and worse and worse and worse, unless oil drops to $20-$50 and stays there for a year or so
QE to infinity
Nothing to see here, move on
Who keeps having a prudential pop up every time 90 seconds. Shit is pissing me off
From 5 years highs to 6-month lows in one month
Me tinks someone is telling porky pies...
It's a search tracker. You see we all now know that you've been searching for final eexpense insurance along with your "meet local Phillipinas" search.
QE actually caused it.
More QE = Economic collapse
The collapse is underway; it's simply a matter of how rapidly it unfolds.
Yeah, well, I just saw a Muppet in a HazMat suit.
Economy is in toilet.
Supply chains are breaking down world wide.
World is reducing output or simply refusing to ship raw commodities
I work supplying software to 2 spanish companies. One of them is in the IBEX35.
Both have suspended payments until 2015 (they have said to us).
Yes, in the f**cking toilet...
That's what I'll dress up as on Halloween. Two birds, one stone.
the decline would have been even sharper if not for the release of the new iPhones,
The Iphone economy FTW!
You know your economy is doomed when the needle moves based on how well the latest iGadget sells...
and futures drop more into the non green color. so, bad news = bad news. anyone else think wall st sold 1900 and shorted 2000? wall st buys low (666) and sells high. and peasants get raked at both turns, every time. its why "this time is different" is never different.
that sounds a tad extreme, but surely headed that direction.
just wish i new what was real anymore...
Did Derivatives Injection Molding LLC have layoffs, or is production just down? That is the only company I know of that manufactures anything in that region.
My gawd the stawks! I guess my -300 call yesterday was a tad early. Anybody following stawks for the last 5 years should find this quite remarkable, just before Obozo-running candidates are emancipating themselves from all-things Obozo three weeks before the election. Answer: He wants to lose.
Alls I know is that things are moving pretty fast right now...bond rates..FX rates..Stock markets...oil prices....are all moving veyr fast....big moves in a day....is the spring sprung right now....
Over valued dollar killing US sales:
http://m.timesofindia.com/business/india-business/IndiGo-places-largest-...
Stability is not really one of the characteristics of the Animal Farm economy. Only Siva type persons ride her well. Siva is of course a devotee of Krishna.