Written by Steven Hansen
The November month-over-month import and export container counts are stronger than the previous month although the rolling averages for exports remain in contraction.
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.
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Infographic Of The Day: The Evolution Of Standard Oil
A couple of weeks ago, we published an infographic showing how the list of the most valuable companies in the U.S. has changed drastically over the last 100 years.
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Written by Sig Silber
Is it good forecasting or Hopium? It is too soon to tell or even assess what the impacts might be. But we discuss the topic in a lot of detail and also take a look at the temperature and precipitation results from November. I started working on this article late last week when NOAA was focusing on possible fluctuations in the "Wave Number". As of today (Monday) it looks like the Pattern Change they were seeing in the model results was perhaps less dramatic than they thought late last week. But the Hawaiian High is returning to where it belongs and the Northern Tier is now forecast to be cooler and wetter than in recent forecasts.
13Dec2017 Market Update: Wall Street's DOW Hits Record High At Market Open, DOW Up Triple Digits, WTI Crude Slides Sharply To The Mid 56 Handle, Gold Index Moves Higher
Written by Dan Steinbock, Difference Group
How To (and Not To) Navigate between US and China
The first 18 months of the Duterte government suggest that the effort to recalibrate the Philippines' ties between the US and China is necessary, viable and vital.
Written by Gary
U.S. stocks have traded higher today (SPY +0.2) after Congress leaders reached an agreement on a tax overhaul plan. Investors are also watching for the latest monetary policy decision from the Feds.
13Dec2017 Pre-Market Commentary: Wall Street To Open Higher, Bank Shares Eye Record High As Fed Head
12Dec2017 Market Close: Wall Street Closes Higher, SP 500, DOW Rise With Help From Banks, Nasdaq Lag
Econintersect: The Federal Open Market Committee (FOMC) - the board of directors of the Federal Reserve raised the federal funds rate as expected.