Just one more cut in rates more negative and just a little more ETF buying and bond purchases and we are sure the Japanese will start spending as wages rise...
4th monthly decline in a row and absent the tsunami and tax-hike reaction, this is the worst drop since Dec 2010...
At what point do you just admit failure?
Deutsche Bank may have gotten the corporate bond QE from the ECB that it so desired (even if it means another drop in negative rates) even if that did not help its stock rebound anywhere near to pre-crash levels, and its economist department may be gripped by a bout of raging schizhophrenia as erstwile permabull Joa LaVorgna is now one of the market's bigger bears contrasted with super optimistic DB strategist Torsten Slok (who is seemingly unaware of what his year end bonus was) but that doesn't prevent the bank from having a very outlook of where the market will be come the November gener
Submitted by Charles Kennedy via OilPrice.com,
Just over three months after the authorities lifted the four-decade ban on crude oil exports, the U.S. has actually exported less this year than it did over the same period the year before, when the ban was still in place.
The Q4 earnings season is over and the numbers are in the bag. The GAAP numbers that is, not the non-GAAP garbage that lately everyone from Warren Buffett, to Factset, even to the SEC (and of course this site since 2013) has been bashing.
Following the report showing that 14 beers tested positive for glyphosate in Germany, a new set of results from the Microbe Inotech Lab in St.Louis has revealed that Monsanto’s Roundup weedkiller has made its way into organic wine produced in California. 10 different wines from various vineyards contained the cancer-causing chemical glysophate – with levels ranging from 0.659 ppb in organic to 18.74 ppb in conventional wine.