World in Turmoil

Another week with no economic news of note. So, what is going on and what is my view of those things? Iraq Maliki resigns as prime minister. This is a good thing as the newly forming government should be more inclusive of all Iraqis. In the meantime, we have supplied food and water to those [...]

2014-08-15T20:24:19-04:00A View|

U.S. Raw Steel Output at Highest Weekly Level Since June 2012

Raw Steel Output Rose 1.4% Last Week to an ACUR of 79.8% Chicago Fed National Activity Index (CFNAI) The CFNAI released on Monday reports: Led by slower growth in production related indicators, the CFNAI edged down to +0.12 in June from +0.16 in May. The index’s 3 month moving average (CFNAI-MA3), decreased to +0.13 in [...]

2014-08-01T21:10:35-04:00A View|
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