Zero Hedge  Just as the president reminded us yesterday we are not a deadbeat nation, merely borrowing money today to pay the bills of yesterday, so, as the NY Times reports in this all-too-real article, many of the citizens of the...

Investors are watching the June HSBC Flash PMI numbers closely for signs of improvement in the Chinese economy. Last month, the flash reading came in at 48.7, well below a reading of 50 which indicates a contraction....