Independent thinking for complex markets and current events
via Mike Shedlock: The Philadelphia Fed GDPplus measure, a blend of GDP and GDI, is flashing a signal that recession has already started. Data from Philadelphia Fed, chart by Mish GDPplus is a measure of the quarter-over-quarter rate of growth of real output in continuously compounded annualized percentage points. It’s a blend, but not an …
WASHINGTON CROSSING, Pa. – Emergency crews in suburban Philadelphia intensified their search Monday for a missing 9-month-old boy and his 2-year-old sister who were swept away in a family car when torrential rains flooded a roadway. While the East Coast grappled with the aftermath of downpours that closed roads and rendered the water supply undrinkable …
Currently Multiple Law enforcements are at scene at the fresh grocery store located in Philadelphia after police say a security called to report that three teens aged around roughly around 16 to 19 years old wearing all black clothing, tried to light up the sticks of dynamite inside the store. The bomb squad did recover …
Health specialists have warned against a new drug called ‘tranq’, which eats away at skin, resulting in amputations and can be fatal. Philadelphia. Powerful sedative Xylazine, also known as 'tranq', has flooded the streets.Disturbing new footage shows the devastating scale of the drug crisis in the Kensington neighborhood. Homeless addicts aimlessly stagger through the streets, …
via usatoday: A tanker truck fire shut down I-95 in both directions after an elevated portion of the heavily traveled interstate collapsed in Philadelphia on Sunday morning, state officials said, raising concerns about possible travel headaches throughout the Northeast. The Pennsylvania Department of Transportation said the fire closed all lanes between Exit 25 and Exit …