Taiwan’s GDP Growth At Three-Year Low As China, Tech Industry Cut Gain
Taiwan in the second quarter didn’t come close to reaching the government’s GDP growth forecast issued only in May, underscoring pressure from the easing expansion in mainland China’s economy and inventory build-up in the&nb…
O’Reilly Automotive’s (ORLY) CEO Greg Henslee on Q2 2015 Results – Earnings Call Transcript
Abengoa Yield’s (ABY) CEO Javier Garoz Discusses Q2 2015 Results – Earnings Call Transcript
Paying In A Broken World
Submitted by Tom Chatham via Project Chesapeake,
It is a common reaction to ask, how much is that, when we see something we want or need. The question is answered with some monetary figure that people will recognize and use to determine if they can aff…
XOM
The World Map Of Hubris & Humiliation
The journey from hubris to humiliation in EM has taken roughly 5 years. As BofAML notes, despite muted asset returns, 2015 has seen the emergence of two big trends: the risk of a bubble in US health care & technology; and the crash in EM/Resources/…
Japanese Police Arrest Mark Karpelès of Mt. Gox
Japanese police arrested Mark Karpelès, the head of collapsed bitcoin exchange Mt. Gox, and an official said police are alleging that he manipulated the company’s computer system to inflate its assets.
Ron Paul: "All Wars Are Paid For Through Debasing The Currency"
Submitted by Mac Slavo via SHTFPlan.com,
And at some point, all empires crumble on their own excess, stretched to the breaking point by over-extending a military industrial complex with sophisticated equipment, hundreds of bases in as many countries,…
Moving Averages: July Month-End Update
Valid until the market close on July 31, 2015 The S&P 500 closed July with a monthly gain of 1.98%. All three S&P 500 MAs and three of the five Ivy Portfolio ETF MAs are signaling “Invested”. In the table, monthly closes that are within 2% of a sig…
S&P 500 Snapshot: Down for the Day, But Up for the Week and Month
The S&P 500 ended the day with a modest -0.22% decline, but it gained 1.17% for the week and 1.97% for month. Perhaps the most significant economic news of the week was the rear-view look at the economy via the Advance Estimate of Q2 GDP, which came…
Goldman Warns "The Global Economy Is Going Round In (Smaller & Smaller) Circles"
Amid the collapse in commodities, crashing Chinese stocks, the weakest US wage growth in US history, and a data-dependent Fed; Goldman Sachs fears the new normal is 'shorter-and-faster' business cycles with no persistence primed by monetary pol…
Linn Energy: A Closer Look Into The Shocking Distribution Suspension
The IMF Experts Flunk, Again
Submitted by Steve Hanke via The Cato Institute,
My Globe Asia column in May was titled “Greece: Down and Probably Out.” Well, it’s out. Yes, Greece descended from drama to farce rapidly.
If all goes according to plan, the left-wing G…
U.S. Labor Costs Rise at Slowest Pace in Three Decades
U.S. labor costs rose at the slowest pace in at least three decades in the spring, a sign of persistently sluggish wage growth that could weigh on the Federal Reserve’s decision to raise short-term interest rates.
Amy Winehouse, Back To Black (Acoustic)
Amy Winehouse died 4 years ago last week (July 23, 2011). She was a singular talent:
Do China’s Stock Markets Portend The Chickens Are Finally Coming Home To Roost?
No economy can have its cake and eat it too. The overarching objective of modern China’s economic reform program, which was launched in 1978 soon after the death of Mao Zedung and perhaps best encapsulated in Deng Xiaoping’s 1992 pronouncem…
Forbes Best Colleges: The Secret To Financial Aid Is In Your House
If a college counts your family’s home equity against your child for financial aid eligibility purposes it can easily mean paying $50,000 – $100,000 more for a degree than it will from an equally great college that doesn’t count home equity as heavily,…
Commodities Slide Deeper Into a Rut
Commodity prices tumbled anew, plunging the S&P GSCI Total Return index to its worst monthly loss since November 2008 and deepening a yearslong rout that few observers expect to moderate.
Al-Qaeda Attacks CIA-Trained Syrian "Freedom Fighters"; Commander Captured
Attempts to make sense of the prolonged, bloody conflict in Syria which threatens Turkey’s southern border and long ago spilled over into Iraq, are everywhere and always complicated by the constantly shifting alliances among the various groups fighti…