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ZOMBIES: Why You Need To Google 'Dr Sarno' Now

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A recent study published in "Psychological Science" reveals that acetaminophen, the painkilling ingredient in Tylenol, actually dulls emotions right along with pain. Previous studies have revealed that Tylenol also blunts moral judgment. In fact, no one actually knows how the drug works, but all signs point to it just taking the edge off everything. This is the pill that people pop like candy.




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What We Read Today 18 April 2015

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

Living Arrangements Matter Not Just To Your Parents But Also To Policymakers

by Guillaume Vandenbroucke - The Regional Economist, Federal Reserve Bank of St. Louis

The United States has 115 million households, the makeup of which varies across the board. Some people live alone. In other households, many people reside - the average is 2.6. Some occupants are married. Some are cohabiting. Some have never married. Should the composition of U.S. households and the living arrangements of people in them matter to economists and policymakers? Yes. Think of unemployment and income inequality, for example. No question, these are issues of interest to policymakers. The decision to look for a job, as well as some measures of income inequality, are closely connected with the living arrangements people choose, as I will show in this article with a few statistics.

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Infographic Of The Day: A Calorie Is Not A Calorie

Why aren't all calories the same? Dr. Lustig's famous statement "a calorie is not a calorie" has baffled many.

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Video of the Day:

A recent study published in 'Psychological Science' reveals that acetaminophen, the painkilling ingredient in Tylenol, actually dulls emotions right along with pain. Previous studies have revealed that Tylenol also blunts moral judgment. In fact, no one actually knows how the drug works, but all signs point to it just taking the edge off everything. This is the pill that people pop like candy.


video of day picture





FOREX NEWS by DailyForex

Stocks Down on Greek Fears

As fears of a default weighed on European and U.S. stock and bond markets, the European head of the International Monetary Fund (IMF) said on Friday that Greece’s growth projections will need to be "significantly" revised down from the estimate made last week that Greece's economy would grow by 2.5 percent this year and 3.7 percent in 2016.

Weekly Economic & Political Timeline

Again, it should be a quieter week, with the primary focus likely to fall upon the Australian Central Bank statement and Eurogroup Meetings. Get the economic and political calendar for the week of April 20, 2015 here.

Deflationary Fears Abate

Ask any consumer if they are worried about falling prices and they will give you a bemused smile and say “no”. In the experience of most of us, falling prices are only ever a transient effect, a pleasant and fleeting surprise.

Friday CPI Could Be Key to Inflation Woes

Today’s March consumer price index is more important than usual since it is one piece of data that traders say could change their assumptions on Fed policy.

Aussie Dollar Gets Relief from Jobs Data

Over the past 18 months, the Australian Dollar has been under significant pressure, at one point striking a 6-year trough as growth prospects diminished.
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The Week Ahead: Are There Geopolitical Landmines Ahead?



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

February 2015 Coincident Indicators Generally Show Slowing Growth

The above graph shows the index value for the US Coincident Index including February 2015 data (released Friday). A comparison of US Coincident Index, Aruoba-Diebold-Scotti business conditions index, Conference Board"s Coincident Index, ECRI"s USCI (U.S. Coincident Index), and Chicago Fed National Activity Index (CFNAI) coincident indicators follows. In general, most coincident indices (except for this Philly Fed Coincident Index) are showing slower growth.

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