What the Headlines Got Wrong about Retail Sales

wolfstreet.com / by Wolf Richter • Oct 14, 2017 No, our American consumers didn’t suddenly perform a  miracle. As part of the data dump on Friday, the Commerce Department released its estimates for retail sales for September. If you just looked at the headlines, you’d get the impression that our American consumers suddenly had …

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Satellite Footage Shows North Korea Preparing Ballistic Missile Launch Ahead Of US Naval Drills

zerohedge.com / by Tyler Durden / Oct 14, 2017 1:29 PM Echoing a report from earlier this week, when on Wednesday the Seoul-based Asia Business Daily reported that North Korea is preparing to fire multiple short-range rockets around the opening of the Chinese Communist Party’s twice-a-decade congress on Oct. 18 – arguably the year’s most important …

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WORLD’S LARGEST OIL COMPANIES: Deep Trouble As Profits Vaporize While Debts Skyrocket

srsroccoreport.com / BY SRSROCCO / OCTOBER 14, 2017 The world’s largest oil companies are in serious trouble as their balance sheets deteriorate from higher costs, falling profits and skyrocketing debt.  The glory days of the highly profitable global oil companies have come to an end.  All that remains now is a mere shadow of …

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