As goes US manufacturing, so goes US services. In a narrative-crushing print, US Services PMI dropped to 54.3 - the lowest since January 2015. Output and New business growth slumped to 11-month lows, optimism dropped, and input cost inflation continued to moderate as "suggests the pace of hiring has slowed since earlier in the year as businesses have become more cautious." Then, confirming  this plunge, ISM Services printed 55.3 - its lowest since March 2014 as unadjusted new orders collapsed to their lowest since February 2014.

Submitted by Pater Tenebrarum via Acting-Man.com,

A Historically Unique Event

Oregon Ranchers Resist Washington’s Imperialism

http://original.antiwar.com/justin/2016/01/03/the-war-against-the-cowboys/

The post Oregon Ranchers Resist Washington’s Imperialism appeared first on PaulCraigRoberts.org.

But, but, but... it's not a market-driven only by The Fed, right?

All major US equity indices (except Nasdaq and its FANTAsy stocks) are now deep in the red since The Fed stopped QE3...

Since the start of December stock have been dumped...

But FANTAsy stocks are collapsing so far in 2016...

As once again, the S&P 500 catches down to The Fed's balance sheet...

But it's the fundamentals right?

German Women Pay The Price Of Germany Being An American Puppet State

Merkel’s support for the neoconservatives’ wars and acceptance of Germany as a refugee center for millions of Muslims dispaced by the wars have subjected German women to massive sexual assaults.

https://www.rt.com/news/328045-cologne-women-sexual-violence/

The post German Women Pay The Price Of Germany Being An American Puppet State appeared first on PaulCraigRoberts.org.