orders
Executive Orders: Two from Trump and one from Obama that will become relevant soon…
by bgny Trump’s Executive Order of December 2017 declares a national emergency due to the “unusual and extraordinary threat to the national security, foreign policy, and economy of the US.” … Read more
What Collapsing Orders for Heavy Trucks – Down 71% from a Year Ago – Say about the U-Turn in Trucking
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “When times are tough, the thinking switches to the short-term. Many fleets are just fighting for survival.” Orders for Class-8 trucks – the heavy trucks that … Read more
Factory orders, Fed comments, Lumber prices
by WARREN MOSLER US Factory Orders Fall the Most in 6 Months New orders for US manufactured goods fell 0.8% in April, the most since October last year, due to lower … Read more
Durable goods orders, earnings, container board, oil chart, German exports, infrastructure, GDP forecasts
by WARREN MOSLER More of same as trade war takes its toll globally: Headline Durable Goods New Orders Declined in April 2019. Inflation Adjusted New Orders Are In Contraction Trump … Read more
Slowest growth in orders since Oct 2009. Cleanest dirty shirt gets dirtier.
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter These are just the “Flash” Purchasing Managers’ Indices (PMI) which are reported a week before the final PMIs at the end of the month, and they … Read more
The Boycott Begins: Chinese Company Orders Employees to “Stop Using American Products”
In a harbinger of what’s to come as the US-China trade war gets worse by the day, a Chinese company has told all of its employees to boycott American products … Read more
US ORDERS ALL NON EMERGENCY PERSONNEL TO LEAVE IRAQ .. WAR IS COMING
US orders all non-emergency personnel to leave Iraq as tensions with Iran grow – embassy Washington ordered to pull out its “non-emergency” staff from Iraq, the US Embassy in Baghdad … Read more
Employment, US PMI’s, Factory orders, Japan sales tax, HK, MMT comments
by WARREN MOSLER Headline number looks promising. The question is whether employment will lag the other indicators that are decelerating, or provide the support that turns them around. And note … Read more
Probably Nothin’: Heavy Truck Orders Down 57% In April
via Zerohedge: North American Class 8 net order data shows the industry booked 14,800 units in April, down 57% from a year-ago. The number also marks a sequential decrease of … Read more
FOX: “Trump orders sweeping asylum overhaul, including new fee for applicants, faster adjudications while also barring them from working in the U.S. in the meantime.”
Watch the latest video at foxnews.com President Trump called Monday night for a sweeping overhaul to an asylum system he has long said is rife with fraud — including a … Read more
China orders banks to stop financing cryptocurrencies as noose tightens around disrupter
via scmp: Central bank circular seen by the Post instructs banks that the provision of services for cryptocurrency trading is ‘strictly prohibited’ The People’s Bank of China has ordered financial institutions to stop … Read more
Measles quarantine orders soar to more than 900 at L.A. universities
LOS ANGELES (AP) — More than 1,000 students and staff members at two Los Angeles universities were quarantined on campus or sent home this week in one of the most … Read more
Export growth, Miles driven, Ship orders
by WARREN MOSLER Ship Orders Fall to Lowest Level in 15 Years Ship orders world-wide have shrunk to the lowest level in 15 years as vessel owners struggle with excess … Read more
Explainer: how banks fed Aramco bond frenzy: Record orders of $100bn for debut oil bond shine a light on Wall Street tactics
by NineteenEighty9 www.ft.com/content/6c4d38c0-5ada-11e9-939a-341f5ada9d40 Saudi Aramco’s debut international bond sale drew $100bn of investor orders for the initial $10bn available to buy, smashing records for an emerging-market bond sale. How does … Read more