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A very interesting article on a popular topic. The recent changes to the costs of essential drugs produced by Valeant has sparked a lot of misinformed conversations and reporting. While the costs of medication has increased, the burden of the costs is on the taxpayer through Medicare. “The more I learn, the more I realize how much I don’t know.” – Albert Einstein
Weak jobs growth casts doubts to a Fed rate-hike this year
US manufacturing PMI stays near 22-month low in September
Factors that influence short term crude oil prices, such as high inventories and expectations for further crude oil inventory builds, will in likelihood keep downward pressure on prices well into 2016.
Massive layoffs from big banks due to decreased credit-related businesses
Glencore has been hit by a slowdown in the wider commodities markets, with copper, aluminium and nickel all down more than 25% compared with a year ago. Should you fear a "Glencore" moment?
Such a massive blow to the core pillar of German Engineering
Layoffs continue as the leading symbol of American exporting and manufacturing prowess has been severely hit due to falling commodity prices and slowdown in China.
It seems that "the Fed can't keep rates at zero too much longer because extremely low interest rates might encourage investors towards "inappropriate risk-taking that might undermine financial stability."
"Keyneisan endgame looks to be just around the corner and when it comes, it will be accompanied by a dramatic readjustment and, we can only hope, the return of some semblance of sanity."
