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Wednesday, January 8, 2014

Some alien news


Still reeling about those alien revelations from Paul Hellyer?

Here's some news to ground you:

Calculated Risk - December ADP was good. But:
ADP hasn't been very useful in directly predicting the BLS report on a monthly basis, but it might provide a hint. The BLS report for December will be released on Friday.

BI - retail sales surge in Europe. Highest retail sales growth in 12 years!

FT Alphaville - Eurozone sovereign convergence redux. Looks like nobody's worried about Europe anymore. Italian and Spain 10Y yields are firmly below 4%, by the way.

FT beyond brics - biting the bullet in China. Andy Xie on the Chinese program to reform their economy.

2 comments:

  1. Ritholtz on goldbugs: http://www.bloomberg.com/news/2014-01-07/10-reasons-the-gold-bugs-lost-their-shirts.html

    Comments on the "narrative".

    ReplyDelete