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{"id":55012,"date":"2015-11-30T23:12:44","date_gmt":"2015-12-01T04:12:44","guid":{"rendered":"http:\/\/bznwz.com\/?p=55012"},"modified":"2015-12-01T11:09:16","modified_gmt":"2015-12-01T16:09:16","slug":"1-december-2015","status":"publish","type":"post","link":"https:\/\/bznwz.com\/1-december-2015","title":{"rendered":"1 December 2015"},"content":{"rendered":"


<\/code><\/p>\n


\n

Today\u2019s Issue Cluster: US Economy<\/p>\n

F&B \u2013 Taxes on fizzy drinks seem to work as intended
\nHoney \u2013 US bee colonies hit a 20-year high
\nAlt \u2013 Biofuels: Boost Pleases Neither Refiners Nor Growers
\n
<\/code><\/p>\n


\n

MAJOR DATA POINTS<\/b><\/a><\/p>\n

China – Dec: Official PMI falls to 3 year low; 49.6 from 49.8 \/ AFP<\/a> \/ WSJ<\/a> \/ AP<\/a><\/p>\n

EZ – Oct: Unemployment rate falls to near 4-year low; 10.7 from 10.8 \/ AP<\/a> \/ AFP<\/a><\/p>\n

Brazil – Q3: Economy shrinks by record; -1.7%, -4.5% yr \/ FT<\/a> \/ AFP<\/a> *<\/a><\/p>\n

Canada – Q3: Economy rebounds but fears persist; +2.3% from -0.3% \/ G&M<\/a> \/ FP<\/a> \/ CBC<\/a> \/ B<\/a><\/p>\n

US – Nov: ISM contracted for the first time since ’12; 48.6 \/ WSJ<\/a> \/ r<\/a> *<\/a><\/p>\n

US – Nov: Markit PMI drops to lowest in 25 months; 52.8 from 54.1 \/ m<\/a> *<\/a><\/p>\n

US – Oct: Construction spending near eight-year high; +1.0% from +0.6% \/ R<\/a>
\n
<\/code><\/p>\n


\n

MARKETS<\/b><\/a><\/p>\n

Currencies – Dollar bulls usher in pivotal policy week FT<\/a> *<\/a><\/p>\n

Currencies – Euro looks like it has further to fall FT<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

ECONOMICS<\/b><\/a><\/p>\n

US – Companies Shy Away From Spending WSJ<\/a> *<\/a> *<\/a><\/p>\n

US – Slow Consumer Spending Signals Caution WSJ<\/a> *<\/a><\/p>\n

US – S&P 500 Profits Fall $25b in First Three Quarters B<\/a> *<\/a><\/p>\n

US – Falling Corporate Profits Blur Outlook WSJ<\/a> *<\/a> *<\/a><\/p>\n

US – Local Area Personal Income: 2013-2014 \/ bea<\/a> *<\/a><\/p>\n

US – State Coincident Indexes increased in 43 states \/ cr<\/a> *<\/a><\/p>\n

US – The cities that are growing the fastest \/ wapo<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

POLITICS & FISCAL POLICY<\/b><\/a><\/p>\n


<\/code><\/p>\n


\n

MONETARY POLICY<\/b><\/a><\/p>\n

Fed – US credit tightens ahead of policy shift FT<\/a> *<\/a> *<\/a><\/p>\n

Fed – Inflation May Guide the Pace of Rate Hikes B<\/a> *<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

FINANCE<\/b><\/a><\/p>\n

US – Big Banks Cut Back on Loans to Small Business WSJ<\/a> *<\/a><\/p>\n

US – Surge in Subprime Auto Lending Draws Attention WSJ<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

REAL ESTATE<\/b><\/a><\/p>\n

US – Pending Home Sales Rise 0.2% WSJ<\/a><\/p>\n

US – Home Price Growth Gains Momentum WSJ<\/a><\/p>\n

US – Lofty Prices Denting Home Sales WSJ<\/a> *<\/a><\/p>\n

US – Keeping size limit for federally backed mortgages WSJ<\/a> *<\/a><\/p>\n

US – ND Home Prices Recover Most Since 2006 \/ B<\/a> *<\/a><\/p>\n

US – Housing Rebound Hasn\u2019t Lifted the Economy Much WSJ<\/a> *<\/a><\/p>\n

US – Real Home Prices Could Take 17 Years to Return to Peak wsj<\/a> *<\/a><\/p>\n

US – Is Gentrification Caused by Quest for Shorter Commutes? A<\/a> *<\/a><\/p>\n

US – Farmland Prices Decline Across Parts of Midwest WSJ<\/a><\/p>\n

US – Architecture billings down slightly cr<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

LABOR & EDUCATION<\/b><\/a><\/p>\n


<\/code><\/p>\n


\n

SERVICES<\/b><\/a><\/p>\n

Travel – Russians Seeking Winter Retreat Are Stopped Cold WSJ<\/a><\/p>\n

Travel – China’s Globetrotting Tourists Face Trouble at Home WSJ<\/a> *<\/a><\/p>\n

Travel – US Hotels Finishing Year Strong \/ cr<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

MANUFACTURING<\/b><\/a><\/p>\n

F&B – UK Panel Calls for Tax on Sugary Drinks WSJ<\/a><\/p>\n

F&B – Indonesian Sugar-Tax Talk Chills Drinks Industry WSJ<\/a> *<\/a><\/p>\n

F&B – Taxes on fizzy drinks seem to work as intended E<\/a> *<\/a><\/p>\n

F&B – Energy Drinks Not Popular Enough to Replace Soda nyt<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

TECH<\/b><\/a><\/p>\n


<\/code><\/p>\n


\n

TRADE & TRANSPORTATION<\/b><\/a><\/p>\n


<\/code><\/p>\n


\n

COMMODITIES<\/b><\/a><\/p>\n

Honey – US bee colonies hit a 20-year high wapo<\/a> *<\/a><\/p>\n

Nuts – Lactose-intolerant Americans spur cashew boom B<\/a> *<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

ENERGY & ENVIRONMENT<\/b><\/a><\/p>\n

Alt – Biofuels: Boost Pleases Neither Refiners Nor Growers B<\/a> \/ WSJ<\/a> *<\/a><\/p>\n

Alt – Solar: Sunnova Energy calls for end of US tax break FT<\/a> \/ FT<\/a> *<\/a> *<\/a><\/p>\n

Alt – Solar: Abengoa starts insolvency proceedings FT<\/a> \/ FT<\/a> *<\/a><\/p>\n

Alt – Solar: EMs Outspend OECD B<\/a> *<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

HEALTH<\/b><\/a><\/p>\n


<\/code><\/p>\n


\n

ENDNOTE<\/b><\/a><\/p>\n

Every taxi ride in New York City since 2009 vox<\/a> *<\/a>
\n
<\/code><\/p>\n


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