Friday, February 7, 2014

Ominous Looking Picture in Healthcare and Education Jobs

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Month in, month out, recession or not, there has been a strong uptick in the number of healthcare and education jobs. Until now. A few chart...

Boom Bust Video with Mish: Why Is the Sky Green?

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This week I had the pleasure of being back on RT, this time with Erin Ade. Link if video does not play: Mike Shedlock and Jim Bruce on US, F...

Nonfarm Payrolls +113,000, Median Bloomberg Estimate 180,000; Huge March 2013 Employment Revision

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Initial Reaction Big Miss: Nonfarm Payrolls rose by 113,000. The Median Bloomberg estimate was +180,000. December was revised up a tiny bit ...
Thursday, February 6, 2014

Rise of Eurosceptics in Netherlands Prompts Serious Discussion of "Nexit"

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Eurozone exit talk first started with "Grexit" (Greece exit). It progressed to "Spexit" (Spain exit), and now talk cente...

Ukraine Central Bank Imposes 6-Day Waiting Period on Foreign Currency Purchases; Capital Controls Hit Ukraine in Effort to Halt Money Exodus

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Yet another country has gone the route of capital controls hoping to stave off an outflow of currency. Bloomberg reports Ukraine Imposes Cap...

Monetarists Accuse ECB of "Dangerous Game of Chicken"; The REAL Dangerous Game

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This morning, ECB president Mario Draghi Held Rates at 0.25% , while rejecting fears of deflation. ECB president Mario Draghi said: "W...

Venezuela Gives Businesses Until Monday to Comply with "Fair Prices Act" or Face State Takeover

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There will be no goods at all on shelves of any stores in Venezuela if the president follows through with his latest warning. Via translatio...