European Unemployment Declines From All Time High, Youth Unemployment Hits Fresh Record – Full Breakdown

Following the “good” news in the inflationary front, in which European November CPI rose and beat expectations if posting the first sub-Japan inflationary rate in Eurozone history, Eurostat followed with more holiday cheer when it reported a surprising… [...]

Bill Gross: "Give Thanks To The Fed, But Not Your Wallet"

Some holiday cheer from the one person who surely has the most reasons (over a trillion) to be thankful to Ben Bernanke for. Gross: Give “thanks,” but not your wallet to the #Fed. Begin to de-risk if you haven’t already. @federalreserve — PIMCO… [...]

Frontrunning: November 15

China to Ease One-Child Policy (WSJ), China announces major economic and social reforms (Reuters) Consumers line up for launch of PlayStation 4 (USAToday) Trust frays between Obama, Democrats (Politico) Yellen Stands by Fed Strategy  (Hilsenrath)… [...]