by John Mauldin, Thoughts from the Frontline
An already-confusing employment environment grew even more complicated this past week. Many readers responded to my 'Crime in the Jobs Report' letter with their own stories. Some confirmed what I wrote, while others disputed it.
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Written by Econintersect
Econintersect: Google analytics has given GEI page read counts for each of the 224 most read articles on Global Economic Intersection for the week 22 November through 28 November, inclusive. The top ten are listed after the Read more >>jump.
Infographic Of The Day: 32 Life Lessons From The Cutest Creatures In Fiction
Prepare for a cuteness overload!
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by Dirk Ehnts, Econoblog101
For my new book on money and credit in the euro zone I use data on domestic credit to the private sector. Oddly enough, the data has been changed and is now significantly lower than before. The credit bubble has popped! The World Bank has the data series online (here). Domestic credit to GDP in Spain stood at 127.4 in 2014, down from a bit less than 200 in 2012. What?!
by Peter Schiff
Posted originally by Daily Reckoning 18 November 2015.
The September jobs report, which was released in early October, was so universally dismal that it managed to convince the majority of investors the Federal Reserve would not raise interest rates in 2015.
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Total Fed Balance Sheet:
Fed's Balance Sheet week ending balance sheet was $4,439 trillion..