It seems as though world events have taken over the View. I cannot help but review what’s going on in this upside down world. Sometimes I must vent on the things that occur around us. I wish I could just report economic news and write a review of the way things seem to be going [...]
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 [...]
Well, it’s Thursday and there has not been any economic news of note to report this week. Raw steel production was down 1.0 percent from the week before. SBQ base prices will rise $40.00 per ton on September 1, 2014. That was announced by Gerdau and Nucor on Monday, Republic followed yesterday. This is interesting: [...]
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 [...]