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Still only exit polls but it does look like Boris Johnson and the Conservative Pary on brink of huge and sweeping victory and a large majority in Parliament, ensuring a BREXIT sooner rather than later.   The pound has jumped almost 3 percent against the dollar to 1.35. EXIT POLL: Conservatives projected to win election as …

The BLS announced this morning the CPI rose 0.3 percent in November, increasing 2.1 percent over the last 12 months. The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.3 percent in November on a seasonally adjusted basis, after rising 0.4 percent in October, the U.S. Bureau of Labor Statistics reported today. Over the …

Computer and electronic product payrolls, which made up 18 percent of total durable manufacturing jobs in 1990 and have fallen to 13.6 percent in November,  appear to be putting in a relative bottom.   The electronics sector with respect to U.S. employment has been hit much harder than overall manufacturing as illustrated in the following chart. …