Early Bird Headlines 02 August 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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Modern Money and Public Purpose
Econintersect: In a program 'Modern Money and Public Purpose', an interdisciplinary seminar series held at Columbia Law School over the 2012-2013 academic year, the first program, moderated by history professor William V. Harris, featured two who have contributed to GEI, L. Randall Wray and Michael Hudson. The series aims to present new perspectives and progressive policy proposals on a range of contemporary issues facing the U.S. and global macroeconomy. This first program discusses how current fiat monetary systems operate and how this has derived from what is known about money and credit (debt) from archaeological records.
Infographic Of The Day: Happiness Index
Find Out Where Your Country Ranks on the Happiness Index (Infographic)
FOREX NEWS by DailyForex
The U.S. Dollar continued to gain positive momentum in the wake of the Federal Reserve’s latest policy decision.
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.
by Elliott Morss, Morss Global FinanceIntroduction
The absence of any capacity to regulate guns in the US is increasingly apparent. There are almost daily reports of politically motivated and/or mentally deranged individuals obtaining guns and going on shooting sprees. What to do? Since the US background checks system is full of holes. It is time to consider alternatives. We start by looking at how other leading killers are regulated.
by Pebblewriter, Pebblewriter.com
I'm still on the road today, so it seems like the perfect time to review the big picture for SPX. It's been over two months since we posted The Last Big Butterfly that reminded members of the last remaining large-scale harmonic pattern on the charts - also the biggest impediment to a continued rally.
31Jul2015 Market Update: Markets Recover From Morning Doldrums, WTI Oil Falls Into Major Support, In
31Jul2015 Pre-Market Commentary: U.S. ECI Worst Since 1982, U.S. Dollar Drops, Oil Gains Fractionall
Written by Steven Hansen
This leading index continues to be recalculated (what good is a leading index which continues to be recalculated?) - and continues to forecast stable but relatively week growth for the remainder of the year. A review of all major leading indicators follows - and no leading index is particularily strong.