Here’s a look at how this data has trended over the past 36 years compared to the S&P 500. As you can see, states showing positive growth tend to rollover prior to economic recessions (red bars) with corresponding declines in the S&P 500. The latest data puts us near the weakest levels during this entire economic cycle and matches prior market tops.
Whirlpool CEO Jeff Fettig called the environment “challenging,” while chief operating officer Marc Bitzer added that there was “industry softness” in North America.
Sherwin-Williams noted in its report that sales of paint to consumers and commercial customers fell from a year ago as well.
It is the policy of the United States to prepare for space weather events to minimize the extent of economic loss and human hardship. The Federal Government must have (1) the capability to predict and detect a space weather event, (2) the plans and programs necessary to alert the public and private sectors to enable mitigating actions for an impending space weather event, (3) the protection and mitigation plans, protocols, and standards required to reduce risks to critical infrastructure prior to and during a credible threat, and (4) the ability to respond to and recover from the effects of space weather. Executive departments and agencies (agencies) must coordinate their efforts to prepare for the effects of space weather events.
Email Security: Be Smarter Than A Politician (Tiffany D.)
The Obama administration blames Russia for these hacks, which suits Hillary just fine — she can deflect all questions by focusing on the alleged threat to our national security and electoral sovereignty. But if a Russian did do the hack, he might have been a 10-year-old kid … because the technique used was the simplest, oldest trick in the book.
The vast majority of the population realizes neither Clinton nor Trump are qualified. Just on the economic front, these folks have no idea how fiscally sick our country is. The fact that we have off-the-book liabilities that make our true debt roughly 15 times larger than the amount the government is actually reporting, so, our true debt is about $206 trillion. The debt the Congressional Budget Office is telling us about is about $13.5 trillion. . . . We’re short $206 trillion. The country is 53% underfinanced. So, the country is actually bankrupt right this minute. It’s not $206 trillion in the future that we owe, it’s $206 trillion today. It’s our credit card bill, and we’re broke.”
The USA Is An Oligarchy, Study Concludes (Arthur Robey)
Researchers concluded that US government policies rarely align with the the preferences of the majority of Americans, but do favour special interests and lobbying organisations: “When a majority of citizens disagrees with economic elites and/or with organised interests, they generally lose. Moreover, because of the strong status quo bias built into the US political system, even when fairly large majorities of Americans favour policy change, they generally do not get it.”
Violations carry a penalty of up to $7,500, dramatically higher than New York’s penalty for reckless driving (up to $300) and even higher than the fine for driving while intoxicated (between $500 and $5,000).
I’m sure we can all sleep more soundly tonight knowing that the courageous politicians of New York are keeping the streets safe from nefarious criminal terrorists trying to earn a few extra bucks from their own private properties.
A depreciating yuan equals a stronger dollar. A stronger dollar increases downside pressure on a depreciating yuan. This is called a feedback loop. Once the loop picks up momentum, it will rip until it has completely exhausted itself.
Organic rich Great Basin Mississippian Antler foreland basin oil shales are measured in thousands of feet in contrast to the age-equivalent Barnett shale that is measured in only hundreds of feet in Texas. Analyses of shale samples combined with the shale thickness indicate that the shales potentially have enough organic content to literally generate trillions of barrels of oil.
The Big Oil Comeback (Tiffany D.)
India — with a population of 1.3 billion and a gross domestic product (GDP) growth trend that’s now rising at a faster pace than China (7.5% versus 6.9% in 2015) — is still in the early stages of a massive love affair with crude. And considering that it needs to import about 80% of what it consumes, it’s a love affair that’s growing literally by the month.
Caterpillar announced last week that Oberhelman will step down at the end of the year and be replaced by Jim Umpleby, an executive who has worked at the company for more than 30 years. Oberhelman will remain chairman through March and then retire.
The company’s stock is up about 40 percent since Oberhelman was named CEO in 2010, but Caterpillar has posted falling revenue for the past three years. Oberhelman said Tuesday on a conference call with investors and analysts that he decided to leave on his own, citing his age.
Dr Mike Barrett. head of science and policy at WWF, said: “It’s pretty clear under ‘business as usual’ we will see continued declines in these wildlife populations. But I think now we’ve reached a point where there isn’t really any excuse to let this carry on.
“We know what the causes are and we know the scale of the impact that humans are having on nature and on wildlife populations – it really is now down to us to act.”
Gold & Silver
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