China PMI Drops To Four Month Low
Brexit is sure to damage the economic growth of both the EU and U.K. America’s GDP growth has been lackluster. Japan’s decades long financial trouble has not ended, and will not soon. Add to…
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Muted Gains Seen in Personal Income & Spending During May
Wednesday’s economic report schedule was a bit on the light side, but there are still plenty of economic and international market events driving the cart. The Bureau of Economic Analysis reported that Personal Income…
Why India Is Worst Country in the World for Business (Update)
which ran June 20. India’s Supreme Count said it would not review a petition which would drop statutes which make gay sex a crime. According to Reuters: The decision is the latest setback India’s…
Big Uptick in Consumer Confidence For June, But Cutoff Date Was Pre-Brexit Reaction
Tuesday’s economic readings already showed a better than expected GDP revision for the first quarter and a gain in the S&P Case-Shiller Home Price Index. Now the Conference Board is out with a better…
First Quarter GDP Revised Higher, But Still Paltry
Did you ever get excited about Gross Domestic Product running just over 1 percent? If your answer is no, even if it is understandable, Tuesday may be an exception. First quarter GDP was given…
Are Businesses More Worried About Regulation and Health Care Than About the Economy or Low Energy Prices?
Have you ever heard that politicians will only give the answers to the questions they want to answer, regardless of the question? It seems that businesses may now be in the same vote. The…
Texas Manufacturing Remains Negative in June
Manufacturing activity is Texas continues to see pressure as the summer gets off to a start. The Federal Reserve Bank of Dallas has signaled that June’s manufacturing weakness continues despite the recent recovery in…
U.S. Sees Wider Trade Deficit in May
ThinkstockLong live the trade deficit! For many Americans the month report on U.S. International Trade in Goods is simply called the U.S. trade deficit. After all, when was the last time anyone saw the…
Why British Stocks Won’t Recover from Brexit Anytime Soon
London’s FTSE 100 opened down 9% at the open after the news of Brexit hit the wires. By the end of day, the UK market had bounced 6%, making day traders and volatility speculators…
McAllen Texas Tops List Of Idle Young Americans
According to a new study by 24/7 Wall St. entitled “Cities With The Most Idle Youth”, McAllen, TX is the leader. The research was based on several factors: There are an estimated 3 million…
West Virginia Is State With Most Drug Overdoses
by 24/7 Wall St. entitled “10 States With The Most Overdoses”, West Virginia is at the top of the list. The details: Fatal drug overdoses are on the rise in the United States. Specifically,…
The Most Self-Serving Reaction To Brexit? Congresswoman Gwen Moore
With the possible exception of Donald’s Trump’s press conference at his Trump Turnberry resort in Scotland, the most self-serving comments about Brexit by any U.S. politician came from Congresswoman Gwen Moore The in a…
Will Brexit Drive U.K. Unemployment Back Toward 10%?
Which is worse for jobs in the U.K.? The Great Recession, or the Brexit? The world is about to find out. At the peak of the recession, U.K. unemployment reached nearly 9%. Now at…
Brexit Means California Could Soon Be World’s Fifth Largest Economy
Earlier this month, the state of California’s GDPÂ passed that of France to become the sixth largest in the world. The country just ahead of California, in fifth place, is the United Kingdom, where last…
Brexit And U.K. Economy By The Numbers–GDP, Population, And Industry
Even Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF) was out of breath about new of the Brexit: “We take note of the decision by the people of the United Kingdom.…