Aram Zucker-Scharff

December Jobs “Significantly Below 200,000″, Q4 GDP Tumbles To 2%, Markit Warns

Markit’s US Services PMI missed expectations of 53.7, priting at 53.3, its lowest since Feb 2014 (mid Polar Vortex). From record highs in June, PMI has plunged non-stop for six months leaving Markit noting Q4 growth is looking more like 2.0% than the 5.0% exuberance in Q3.

US Services PMI plunges…

and along with the tumble in manufacturing leaves the US Composite PMI at 14 month lows…

It…

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US Factory Orders Drop Most YoY In 19 Months

For the 4th month in a row, US Factory Orders have
fallen MoM. November’s 0.7% drop is worse than the
0.5% decline expected and leads to the biggest yearly
drop since March 2013. Capital Goods New Orders
tumbled 0.8% as did non-defense capital goods shipments (down
0.9%). Having risen for 3 months, November saw a 8.2% plunge in
defense new orders but it was the acros…

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Gawker Media’s independent Kinja posts apparently aren’t generating a ton of traffic.

Platisher — the ugliest journalism word of 2014 — lives on in 2015. (Despite the fact that I can’t hear it without thinking: “Feather-footed through the plashy fen passes the questing vole.”) It survives because it’s useful, describing a very of-the-moment idea: an online outfit that is both a publisher (paying staff or other contributors to write original content) and a platform(an open space…

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It was less than a week ago when Zero Hedge broke the news that for CNBC, 2014 Was The Worst. Year. Ever.

Much to the embarrassment of CNBC, its staunch defender David Rosenberg, and not to mention its advertisers who realized they overspent substantially for the reach they were promised and received instead, the report promptly went viral.

Rosenberg himself said, when referring to the report,…

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