Early Bird Headlines 30 July 2015
Econintersect: Here are some of the headlines we found to help you start your day. For more headlines see our afternoon feature for GEI members, What We Read Today, which has many more headlines and a number of article discussions to keep you abreast of what we have found interesting.
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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Fixing the Economists Article of the Week
by Philip Pilkington
There's a funny point on which almost all economists that I've come across agree upon - from neoclassical to Marxian to Post-Keynesian. And that is that something which they call 'nihilism' must be avoided at all costs.
Read more >>
Infographic Of The Day: How Much Energy Will It Take To Power Star Wars Devices?
Pretty much all devices that appear on the famous movie Star Wars may be part of our future. How much power will these devices require?
FOREX NEWS by DailyForex
The U.S. economy continues to improve with decreasing unemployment and improvement in the housing sector.
Markets have a way of switching gears almost overnight and that is what seems to be happening in Asia.
The US Dollar edged higher against the Japanese Yen as investors dismiss the recent rout in Chinese equities and as speculation grows that the U.S. could soon see a rise in interest rates.
The big question hanging in the air this week is whether or not the Fed will officially schedule a date for the interest rate increase which it has been predicting for the last few months.
When we talk about the euro, we usually don’t consider the United Kingdom as a dominant presence in the discussion. After all, despite being a member of the Eurozone group, London has opted to keep the Pound Sterling as her local currency.
by Dirk Ehnts, Econoblog101
Anatole Kaletsky has a very interesting piece at Project Syndicate, arguing that out of the bad bail-out a good economic governance structure will arise.
Investing Daily Article of the Week
by Robert Rapier, Investing Daily
It hasn't been easy being an energy investor over the past year, unless your portfolio is heavily weighted toward refiners and solar companies. If that's the case, congratulations. But for those holding drillers and MLPs, patience will prove to be a virtue.
29Jul2015 Market Close: Fed FMOC Says No Changes Yet, DOW Closed Up Triple Digits, Oil And Dollar Ri
29Jul2015 Market Update: Markets Climb Higher In Afternoon Trading Ahead Of Fed FMOC Minutes, Oil Me
29Jul2015 Pre-Market Commentary: U.S. Futures Flat, Oil Off Lows, FMOC Minutes This Afternoon May Jo
Written by Steven Hansen
Econintersect's Economic Index declined to the lowest level since April 2010. The tracked sectors of the economy remain relatively soft with most expanding at the lower end of the range seen since the end of the Great Recession. Our economic index has been in a long term decline since late 2014.