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Rail Week Ending 12 August 2017: Intuitive Sectors Slight Contraction Continues

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Week 32 of 2017 shows same week total rail traffic (from same week one year ago) improved according to the Association of American Railroads (AAR) traffic data. The economically intuitive sectors insignificantly declined and the intuitive rolling averages remain in contraction.

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What We Read Today 17 August 2017

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.

This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).

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Every day most of this column ("What We Read Today") is available only to GEI members.

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 more features, analysis, studies, and news published in the last week

The Wary Eye Of The FBI Watches For Homegrown Terrorism

from STRATFOR

-- this post authored by Scott Stewart

Shortly after midnight on Aug. 12, Jerry Varnell slid behind the wheel of a stolen van and headed for his chosen target, the BancFirst building in Oklahoma City. As he drove toward the bank, he nervously watched for police along his route, fearing that the 1,000-pound bomb in the back of the van would be discovered and his attack thwarted. However, Varnell's drive went without incident and he was able to park the van at a loading dock next to the bank and leave the area on foot without detection.

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Infographic Of The Day: Accidental Medical Discoveries

Many medicines that we take for granted today are actually the result of accidents, with scientists often researching cures for completely different ailments. We look at 8 accidental discoveries that revolutionised medicine.

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Video of the Day:

If you come across a downed power line, stay as far away from it as you can and call 911. Assume it is live. Never touch a downed power line or anything near it. Do not drive over down power lines. Should a power line fall on your car when you're driving, slowly continue to move completely clear of it. If your car can't move away from the power line, stay in the car until help arrives.


video of day picture





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Current Weather Outlook

Written by

Re the Monsoon:  Break - Surge - Break: Re 6 to 14 Day Outlook: Don't Count on it.

NOAA is assigning a low probability to the 6 - 14 Day Forecast due to "FORECAST CONFIDENCE FOR THE 6-10 DAY PERIOD: BELOW AVERAGE, 2 OUT OF 5, DUE TO A PREDICTED LOW AMPLITUDE PATTERN AND CONFLICTING / WEAK SIGNALS AMONG THE SURFACE TOOLS." Another way of putting that is that it is hard to predict weather when there is none. But we believe the real problem is the inability of the models to deal with a confusing situation most likely related to the time of year and the rapid change in conditions along the Equator. The Southwest Monsoon has been going through rapid changes. Earlier this past week, we had a Break (reduction in activity) and we may now be in the final days of a Surge and the forecast is for another probably short Break. it is a bit unusual to have these rapid swings. It may be that the Monsoon this summer requires favorable conditions to overcome certain negative factors.


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Technical Thoughts On Stocks Benefiting From Discretionary Spending



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Climate Change Has Changed The Way I Think About Science. Here's Why

from The Conversation

- this post authored Sophie Lewis, Australian National University

I've wanted to be a scientist since I was five years old.

My idea of a scientist was someone in a lab, making hypotheses and testing theories. We often think of science only as a linear, objective process. This is also the way that science is presented in peer reviewed journal articles - a study begins with a research question or hypothesis, followed by methods, results and conclusions.

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 USA economy at a glance (boxed items are updates in last 7 days)

July 2017 Leading Economic Index: Suggests Improvement In Economic Growth

Written by Steven Hansen

The Conference Board Leading Economic Index (LEI) for the U.S again improved this month - and the authors suggest that the "U.S. economy may experience further improvements in economic activity in the second half of the year".

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