Submitted by Tyler Durden on 11/15/2011 - 08:38 China Goldilocks Meltdown Recession
So with Europe threatening to bury the world again, here is today's "decoupling" attempt to pull the world out by the bootstraps courtesy of the US with what is naturally better than expected data, just like China last week.
US Empire Manufatruing (Nov) M/M 0.61 vs. Exp. -2.00 (Prev. -8.4
, above zero for the first time since May; Prices Paid Index lowest since Novembever 09 at 18.29 down from +22.47 in Oct - source
US Advance Retail Sales (Oct) M/M 0.5% vs. Exp. 0.3% (Prev. 1.1%), ex Autos +0.6% - source
US PPI ex-Food & Energy (Oct) M/M 0.0% vs. Exp. 0.1% (Prev. 0.2%) - source
US PPI (Oct) M/M -0.3% vs. Exp. -0.1% (Prev. 0.8%) - source
http://www.zerohedge.com/news/goldilocks-economic-data-dump-attempts-resurrect-flawed-us-decoupling-thesis
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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