01-16-2016, 01:21 AM
Note: Only 124 thousand public sector jobs have been added during the first thirty five months of Obama's 2nd term (following a record loss of 702 thousand public sector jobs during Obama's 1st term). This is less than 8% of the public sector jobs added during Reagan's 2nd term!
Calculated Risk: Public and Private Sector Payroll Jobs: Carter, Reagan, Bush, Clinton, Bush, Obama
Edwards attacked what he said was the “incredible conceit” of central bankers, who had failed to learn the lessons of the housing bubble that led to the financial crisis and slump of 2008-09. “They didn’t understand the system then and they don’t understand how they are screwing up again. Deflation is upon us and the central banks can’t see it.”
Beware the great 2016 financial crisis, warns leading City pessimist | Business | The Guardian
Intel is backing away from a major resistance zone. This area sits between $34.75 and $35.50 and is now looking very much like a major peak following this morning's downside gap open. Intel had been clinging to support near the December lows the last two sessions, but this area is getting blown out now. In the near term, investors should expect considerable downside. Intel is leaving behind multiple layers of very heavy supply that will prove nearly impossible to take out without a fresh base. A drift down to major support near the $31.90 area may provide the footing needed to begin base construction.
Intel (INTC) Is About to Drag the Semis Even Lower: Must-See Charts - TheStreet
LG Display also exhibited 65-inch and 77-inch UHD OLED TV panels that claim to offer the ultimate picture performance in terms of contrast, color accuracy, and viewing angle. The 65-inch and 77-inch OLED TV panels, featuring a High Dynamic Range (HDR) function with its perfect black and improved luminance, claim to provide unbeatable picture quality and the same level of color gamut seen in professional monitors used to edit theatrical films.
18-inch rollable display showcases future potential of OLEDs - Electronics Eetimes
Volkswagen AG managed to temper a December sales slump in the U.S. as it grapples with its diesel-emissions scandal. Just one day after the U.S. Justice Department sued the company for cheating on federal standards, the German automaker reported a 9.1 percent decline in deliveries of its namesake brand to 30,956 vehicles from 34,058 a year earlier. The result was less than November’s 26 percent plunge and the 20 percent drop predicted by TrueCar Inc., an auto-pricing research company.
Volkswagen's U.S. Sales Slump in December Amid Emission Scandal - Bloomberg Business