Mish's Global Economic Trend Analysis |
- Eurozone Target2 Imbalances Creeping Back Up
- US Middle-Aged Whites With No College Education Dying at Shocking Rate
- Factory Orders Sink 11th Time in 14 Months
Eurozone Target2 Imbalances Creeping Back Up Posted: 03 Nov 2015 01:46 PM PST Inquiring minds may be interested to note that Target2 Imbalances are creeping back up. Recall that Target2 numbers largely represent capital flight from Eurozone peripheral countries to Germany. Reader Lars writes Target2 Refresher For a more detailed explanation of Target2, please see Discussion of Target2 and the ELA (Emergency Liquidity Assistance) program; Reader From Europe Asks "Can You Please Explain Target2?" Mike "Mish" Shedlock |
US Middle-Aged Whites With No College Education Dying at Shocking Rate Posted: 03 Nov 2015 09:40 AM PST Mortality rates in advanced countries have been on a large and steady decline. However, a recent study shows A Group of Middle-Aged Whites in the U.S. is Dying at a Startling Rate. A large segment of white middle-aged Americans has suffered a startling rise in its death rate since 1999, according to a review of statistics published Monday that shows a sharp reversal in decades of progress toward longer lives.Mortality Rate Comparison Legend
Wealth Factor Education and wealth tend to go together, and that's Another Reason a Large Group of Whites is Dying at a Higher Rate. Researchers are blaming drugs, alcohol and suicide for a troubling increase in the mortality rate among a large group of white men and women in middle age. Another deadly factor in the trend could well be economic.Inequality in Life Expectancy Women Above: Life Expectancy for 50-Year Olds in a Given Year by Quintile of Income Over Previous 10 Years. Income a Direct Cause? Is income another "reason" or is income the determining factor in suicide and drugs use? It could be both as those with higher incomes are more likely to have better health care. But what about the US health care system vs the rest of the world? In regards to the first article, are middle-aged whites more prone to suicide than other groups if they do not have a job? Mike "Mish" Shedlock |
Factory Orders Sink 11th Time in 14 Months Posted: 03 Nov 2015 08:23 AM PST Factory orders decline once again, in line with the Bloomberg Consensus, but last month was also revised lower. New orders for the export-hit factory sector fell 1.0 percent in September for the 11th decline in 14 months with August revised 4 tenths lower to minus 2.1 percent. September orders for durable goods, initially posted in last week's advance report, are unrevised at minus 1.2 percent, held down in part by a downswing in civilian aircraft but nevertheless showing wide weakness. Orders for non-durable goods, pulled down by weakness for petroleum and coal products, fell 0.8 percent to extend a run of sizable declines going back to July. The factory sector has been struggling with weakness in the energy sector and especially weak foreign demand that for U.S. goods has been made weaker by the strength in the dollar.Orders and Shipments Mike "Mish" Shedlock |
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