This Week’s Data
The July Dallas Fed manufacturing index came in at -13.2 versus expectations of +2.5 and June’s reading of +5.8.
June personal income was reported up 0.5% versus expectations of up 0.4%; personal spending was flat versus estimates of up 0.1%; the personal consumption expenditures index was up 0.1% in line; core PCE was up 0.2% versus forecasts of up 0.1%.
Tuesday morning humor (3 minute video):
Regional Fed indices paint a dreary picture (short):
Update on the Chinese economy (medium):
Weekly update on gasoline prices (short):
International War Against Radical Islam
Obama and bin Laden (short):
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