Economics
Manufacturing continues red hot, while construction gains completely consumed by inflation
– by New Deal democratFebruary monthly data started out this morning with the ISM manufacturing report. The index, especially its new orders subindex,…

– by New Deal democrat
February monthly data started out this morning with the ISM manufacturing report. The index, especially its new orders subindex, is an important short leading indicator for the production sector.
In February the index rose from 57.6 to 58.6, as did the more leading new orders subindex, which rose from 57.9 to 61.7. Since the breakeven point between expansion and contraction is 50, these are both very strong numbers – as they have been for most of the past 18 months:

Haisla Chief frustrated waiting on regulatory decision for Cedar LNG
“Cedar is not only important from a Haisla perspective, [but from] a global perspective” The Haisla Nation is growing anxious for a regulatory decision…
Von Greyerz: As West, Debt, & Stocks Implode; East, Gold, & Oil Explode
Von Greyerz: As West, Debt, & Stocks Implode; East, Gold, & Oil Explode
Authored by Egon von Greyerz via GoldSwitzerland.com,
“The…
Brazil’s New President Doesn’t Want An Independent Central Bank
Brazil’s new left-leaning president Luiz Inácio Lula da Silva (Lula) doesn’t appear to be phased by the country’s surging inflation, and
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