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2017-01-03

The Lows of the Euro (EURUSD)

Where has the Euro gone?


StartUp Part 7: MAGIC (Season 4, Episode 10)

Hey guys - If you want to hear me on a podcast the link is here: Gimlet Media


Following his ousting from American Apparel, Dov Charney has been eager to restart and launch his new venture—Los Angeles Apparel. He has assembled the fabric, the equipment, and the people to help make his new clothing line. Now he needs to find his customer base. In this, the season finale of StartUp, Charney debuts his product to a group of people that knows his history well. But will his past prove to be an obstacle, or become part of what leads his new business to success?
Gimlet Media


CHAD: And we made some jokes to the point that hey, let’s go ahead and get in touch with these guys, because, you know, we’re fine loaning money to them if they’re taking it at 15%.

ISM Manufacturing Index Rises to Highest Level in Two Years

ISM Manufacturing Index Rises to Highest Level in Two Years as New Orders, Prices Jump - 10:32 AM EST, 01/03/2017 (MT Newswires) -- The Institute for Supply Management's manufacturing index rose to the highest level in two years last month and the overall economy grew for the 91st straight month, the ISM said in a report on Tuesday. The manufacturing index rose to 54.7% in December, up from November's 53.2%, the ISM said. The new orders index rose to 60.2%, up 7.2 percentage points, from the prior monthly. The employment index came in at 53.1%, up from 52.3%, and raw-material inventories were reported at a 47% reading, down 2 percentage points from November, the ISM said. The prices index rose 11 points to 65.5% in December, an indication of higher raw material prices. Eleven of the 18 manufacturing industries -- petroleum and coal, primary metals, miscellaneous manufacturing, food, beverage and tobacco, apparel, paper products, machines, electrical equipment, appliances, computers, fabricated metal and chemicals -- reported growth last month. Plastics and rubber, furniture, printing, textile mills, non-metallic minerals and transportation equipment all reported contraction in December.

MT Newswires