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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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from the Bureau of Labor Statistics
The average person born in the latter years of the baby boom (1957-1964) held 11.7 jobs from age 18 to age 48, according to the U.S. Bureau of Labor Statistics. Nearly half of these jobs were held from ages 18 to 24.
Infographic Of The Day: Airplane Safety Equipment – A View From The Top
Look up! Right now there are approximately 5,000 planes in the air over the United States.
FOREX NEWS by DailyForex
Confidence in the euro zoneâ€™s economy rose for a fourth straight month in March to its highest since July 2011, a European Commission survey showed on Monday, suggesting the weak euro and lower oil prices are spurring the recovery.
It is always easy to be wise after the event. Bank regulators should have been more wary of the risks to the banking sector through dubious loans issued to sub-prime lenders and the folly of â€śsecuritisingâ€ť such loans in blocks and believing that that would make an investment grade product.
In spite of the recent Federal Reserve policy decision which was surprisingly and decidedly dovish, the head of the US central bank, Janet Yellen, confirmed over the weekend that the Fed could begin gradually raising interest rates later in the year.
Economists and investors are anxious about the March U.S. labor market report due out in the next week which could be the deciding factor in when the Federal Reserve will spring its first interest rate hike.
Last week saw the final trading session for the week, the month and the quarter from the perspective of these summaries. Get the analysis for March 30, 2015 here.
31Mar2015 Market Update: Markets Remain Down Oil Trend Fractionally Higher, Iran Still On Minds Of Investors
by Pepe Escobar
Appeared previously at Doomstead Diner 23 March 2015
Way beyond an Iran nuclear deal, and way beyond the end of a nasty economic siege that"s been in place for 35 years since the Islamic Revolution, the coming Western embrace means above all that Iran is now ready to crash the chessboard I call Pipelineistan.
Written by Gary
Markets made a feeble attempt earlier to rise above the morning lows only to start trending down again. Oil has trended upwards fractionally and the U.S. Dollar is trending sideways just off its morning high.
By 12:30 pm the afternoon equities are trading on low volume and most likely will trade somewhat lower by the end of the session as investors are concerned about the Iran deal.
31Mar2015 Pre-Market Commentary: Iran Deal Concerning Investors As Greece Lenders Fail To Reach Deal
30Mar2015 Market Close: Relative Quiet Day On Wall Street, Oil Experiences Volatility, U.S. Dollar S
Written by Doug Short and Steven Hansen
The Conference Board Consumer Confidence Index improved moderately after its decrease last month. The market expected this index to come in at 93.0 to 98.2 (consensus 95.5) versus the 101.3 reported.