Valance Weekly Report 8.24.2011
Posted by WARREN MOSLER on August 25th, 2011
Valance Weekly Report
US – Philly Fed collapse
EU – Confidence weakening
JN – Corp Service Prices Unchanged, Industry Activity Increased
UK – Weak Retail, factory orders improving
CA – Positive CPI met expectations
AU – “Currency intervention isn’t warranted”
NZ – Exodus continues
August 25th, 2011 at 10:59 am
“My centre is giving way, my right is in retreat; situation excellent. I shall [dither].” — Marshal [Bernanobama], WW[N]
Right Wing Out-of-Paradigm Misquotes_Placed_Perfectly (for narrow purposes)
http://rightwingnews.com/quotes/war.php
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August 25th, 2011 at 11:36 am
The market is totally discounting Obama’s upcoming jobs plan.
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WARREN MOSLER Reply:
August 25th, 2011 at 3:55 pm
maybe not. :(
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Paul Palmer Reply:
August 25th, 2011 at 8:11 pm
it was meant to be tongue in cheek
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WARREN MOSLER Reply:
August 25th, 2011 at 8:57 pm
It worked either way, thanks!