Friday, August 22, 2014

Morning Journal--The mounting economic disaster in Europe

Economics

   This Week’s Data

            The August Philadelphia Fed manufacturing index came in at 28.0 versus expectations of 20.0.

            July existing home sales rose 2.3% versus estimates of a 0.7% decline.

            The July leading economic indicators increased 0.9% versus forecasts of +0.6%

   Other

            The mounting economic disaster in Europe (medium):

            The economic outlook from an optimist (medium):

            More from Hilsenrath on Fed policy (medium):

            More data on income distribution from the Census Bureau (medium):

Politics

  Domestic

Friday morning humor (cartoon):

Welcome to Obamacare (short):

GAO says Obama broke the law (medium):

  International

            Argentine peso collapses (short):

            Russian convoy enters Ukraine (medium):

            Chuck Hagel’s assessment of ISIS (short):


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