Written by Gary
Not much happened in this afternoon session, not surprising for a Holiday week. The averages did close up in the green, but flat and not very exciting as the oil glut, weak global finances and a host of other worries take front and center of the investors dinner plat. This is one of those weeks where it becomes a wait and see to what Mr. market has up his sleeve.
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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.
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A rocket ship owned by Jeff Bezos' company, Blue Origin, made history on Monday by traveling 329,839 feet into outer space and then landing upright upon its return to Earth.
Infographic Of The Day: Styrofoam
It might keep your coffee hot without burning your hand, but plastic foam - more commonly known as Styrofoam - is one of the most harmful materials around when it comes to the environment. This petroleum-based plastic has gained a lot of negative attention in recent years, prompting bans in many cities.
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24Nov2015 Market Update: US Averages Melt Up To Flat Status, DOW Up 2 Points, Oil In Low 43's And Expected To Fall Again
Written by Laurentiu Nicolae
The European Union does not have a common healthcare system, a common social benefit system, a common pension system, or at least a common unemployment benefit, financed by a common EU budget, thus so EU looks like any other colonial empire, with a colonial power (Germany), some 'little brothers' (the Netherlands, Austria, Denmark, Belgium, Finland) and their colonies: Romania, Bulgaria, the rebellious Hungary etc.
Written by Gary
Global jitters regarding Russian jet being shot down, the oil glut, weak 3rd quarter financial's and the Conference Board Consumer Confidence Index declining have struck a nerve in investors. Oil has only risen fractionally and the US dollar remains stable and trading sideways. We expect the Turkey shooting incident to go away, but weak markets will remain.
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23Nov2015 Market Close: The Averages Close In The Red, Oil Closes Up And The US Dollar Finishes Stro
Written by Doug Short and Steven Hansen
The Conference Board Consumer Confidence Index declined to 90.4 in November from the September final reading of 99.1, an upward revision of September's initial 97.6. The market expected (from Bloomberg) this index to come in between 100.0 to 106.0 (consensus 102.5).