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The Future of Transatlantic Trade and Investment: Opportunities and Challenges

Event Information May 23, 20131:30 PM - 2:30 PM EDT Falk AuditoriumBrookings Institution1775 Massachusetts Avenue NWWashington, DC 20036

Peak oil notes - May 23

A mid-week update. Oil prices have fallen $2-3 a barrel this week on weaker demand, increased US production, rising product stockpiles, and a stronger dollar. At the close on Wednesday, NY oil settled at $94.28 and London at $102.60 with the WTI-Brent spread climbing to $8.32. The weekly stocks report showed stocks at Cushing, Okla. increasing to by 450,000 barrels to 50.2 million last week.

Kansas City Fed: Regional Manufacturing expanded in May

From the Kansas City Fed: Tenth District Manufacturing Survey Improved Somewhat The Federal Reserve Bank of Kansas City released the May Manufacturing Survey today. According to Chad Wilkerson, vice president and economist at the Federal Reserve Bank of Kansas City, the survey revealed that Tenth District manufacturing activity improved somewhat, rising above zero for the first time in seven months, and producers’ expectations for future activity also increased.

Percentage of SPX Stocks Over 200 Day Moving Average

Renaissance Macro Research, May 14, 2013   Jeff deGraaf, technician extraordinaire (formerly of Lehman now at Renaissance Macro Research) makes an interesting observation about the heavily overbought markets.

Dairy deals in China: Uh-oh, Danone

Can you find the safe one? “A COUNTRY like this can put a satellite into space but it can’t put a safe bottle teat into a child’s mouth.” So declares Ai Weiwei, China’s most famous dissident artist.

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