↧
Image may be NSFW.
Clik here to view.
Clik here to view.
China and Russia buying gold
Seems it’s always a central bank story. Goes up when they buy, down when they sell. Furthermore gold buying is supported by how it’s accounted for. That is, it doesn’t count as deficit spending or part...
View Article
Image may be NSFW.
Clik here to view.
Clik here to view.
NY Mfg survey, Home builder’s index, oil losses, Japan, China trade, euro trade
A lot worse than expected and still deep in contraction: Empire State Mfg Survey Highlights For the seventh straight month, the Empire State report is signaling significant contraction for the...
View Article
Image may be NSFW.
Clik here to view.
Clik here to view.
GDP, Trade, Personal income and outlays, Consumer sentiment, China deficit...
Revised up but for the worst reasons possible- unsold inventories were higher. Also, consumption expenditures were a bit lower, and note the deceleration of GDP growth on the chart. And in all...
View Article