Powdering The GDP Pig – There Was No Escape Velocity Inside – David Stockman’s Contra Corner 10-30-15

Salient to Investors: David Stockman writes: The global economy is in deflation and the US economy is stalling and within months will be in recession and the market in panic. The Fed cannot prevent the US economy from sliding into the global slump. Since 2000, the Fed has twice before pushed on a

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Volkswagen emissions scandal could be just the beginning, Wall Street says – Wall Street Journal 09-23-15

Salient to Investors: Barclays said car makers face more pollution control expense in the wake of VW’s scandal. Stifel said the Intl Council on Clean Transportation has found questionable diesel emission results across several unnamed makers and more widespread vehicle recalls pose significant near-term risk for European car makers. Morgan

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U.S. Expansion Poised for Longevity – Bloomberg 06-09-13

Salient to Investors: The economic expansion shows signs of lasting almost twice as long as average, with few of the excesses that often presage the start of contractions – inflation is slowing, not quickening, household debt is shrinking, not expanding, and the labor market is slack, not tight. Robert Gordon

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Retail Sales in U.S. Rose 0.9% in August on Auto Demand – Bloomberg 09-14-12

Salient to Investors: Millan Mulraine at TD Securities said retail sales are not as strong as the headline number suggests as the price of gas will divert from discretionary spending. Jenny Lin at Ford said economic fundamentals remain modest but stable. Read the full article at http://www.bloomberg.com/news/2012-09-14/retail-sales-in-u-s-increased-0-9-in-august-on-auto-demand.html

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