Business

Authored by Danielle DiMartino Booth via Bloomberg.com, 

The revival of the auto industry drove the factory sector out of recession; the flipside doesn’t look promising.

Federal Reserve data released last week on July industrial production offered little more than more of the same. Despite post-election optimism for a rebound in activity on the nation’s factory floors, the data reveal a continued throttling down in the growth rate to just over 2 percent compared with this time last year.

Authored by Kevin Muir via The Macro Tourist blog,

I know all the cool kids like to quote Nassim Taleb and give dire warnings about the coming collapse of risk assets, but I must have too many years of playing Dungeons & Dragons because I just can’t seem to join their club. I don’t see the same black swans that everyone else does.

Following this morning's plunge in new home sales...

After household formation collapsed in June...

It appears Institutional Risk Analyst's Chris Whalen is spot on with his mortgage finance update: "Winter Is Here"...

Authored by Mohamed El-Erian via Bloomberg.com,

"Everybody has a plan...until they get punched in the face."

-Mike Tyson

Paul Alster has an interesting story this month in The Jerusalem Post.  It begins by informing us that...

"A fierce battle is being waged in the north of Israel."

Then goes on to say...