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Daily Archives: May 1, 2013
Postcards from the real economy
Global PMI Manufacturing has been in a pronounced downtrend since 2010 regardless of manic liquidity injections from Central Banks. Today we learned that Canadian Manufacturing continued its flat line in April at 50.1 after 49.3 in March (below 50 being … Continue reading
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Whitney updates on ‘strained municipalities’ and negative feedback loops
Meredith Whitney, banking analyst and chief executive officer of Meredith Whitney Advisory Group, talks about the municipal bond market and challenges facing the U.S. financial industry. She speaks at the Milken Institute 2013 Global Conference. Here is a direct link.
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Birds are what they eat too
This is a very upsetting glimpse of the impact of human waste on the natural world. 2000 miles from continents, in the middle of the Pacific Ocean. Hard to watch, but facts must be faced before we can grow and … Continue reading
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