27 April 2015 Weather and Climate Outlook - April Showers and More Examination of Ocean Cycles


Written by Sig Silber

Spring is proceeding but in a strange way and apparently not impacted much or at all by the "advertised" El Nino. Because of the hiatus between major releases of information by NOAA, I am focusing today on Ocean Cycles and how they are likely to impact weather over the next few decades. I also better document the differences in seasonal forecasts between NOAA and JAMSTEC.

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What We Read Today 27 April 2015

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".).


Every day most of this column ("What We Read Today") is available only to GEI members.

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 more features, analysis, studies, and news published in the last week

ETFs Surging Past Hedge Funds in Total Assets

etfgi.logoEconintersect: Investing in ETPs (electronically traded products) are attracting assets at a much greater rate than are hedge funds. For the period that covers 2012 through first quarter 2015, ETPs grew by almost a factor of 5 compared to hedge funds. A research note from ETFGI, an independent research and consultancy firm, reports that the rapid growth of ETPs will result in that category of asset surpassing the assets in hedge funds when both approach nearly $3 trillion in assets during the current quarter.


Infographic Of The Day: Living On Triton - Neptune's Moon Explained

Triton is the largest of Neptune's 14 moons, at about 1,680 miles (2,700 kilometers) across.

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Video of the Day:

Polk County Sheriff Grady Judd says he doesn't care about 'political correctness' when there's a dangerous suspect on the loose. This is what Sheriff Grady Judd thinks about 'political correctness' when dealing with a dangerous suspect on the run:

video of day picture

FOREX NEWS by DailyForex

Dollar Lacking Momentum ahead of Fed Decision

Last week’s disappointing economic data from the US forced the US Dollar lower where it has finally steadied. The Dollar has now been under pressure for nearly seven weeks as investors ponder the likelihood of a Fed interest rate move, which put an end to the greenback’s long-term buoyancy.

Greece, Euro Zone Still Far From Bailout Deal

Greece appeared no closer to a reforms-for-aid deal after the country's finance minister met with his euro zone counterparts on Friday.

Weekly Economic & Political Timeline

This week can be expected to be more active than last week, with the primary focus certain to fall upon the US Federal Reserve followed by the Bank of Japan and the Royal Bank of New Zealand the following day, as all will be releasing major policy statements and announcing interest rates.

What’s in Store for Greece

With focus on a May 6 interest repayment to the International Monetary Fund and the next Eurogroup meeting on May 11 in Brussels, Greece has a number of funding hurdles to clear before then and beyond.

UK Deficit Falls Faster Than Forecast

Figures just released show that the government’s borrowing (to meet the deficit between the nation’s receipts and its expenditure) in March fell to £7.4 billion.
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Market Decision Point Approaching

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Inoculating Against Science Denial

by John Cook, The Conversation

Science denial has real, societal consequences. Denial of the link between HIV and AIDS led to more than 330,000 premature deaths in South Africa. Denial of the link between smoking and cancer has caused millions of premature deaths. Thanks to vaccination denial, preventable diseases are making a comeback.


 USA economy at a glance (boxed items are updates in last 7 days)

Gasoline Prices for Week Ending 27 April 2015 Rose Almost 9 Cents.

Econintersect: Average gasoline prices rose 8.6 cents per gallon nationwide this past week following the previous week"s 7.6 cent rise. From the same week one year ago, gas prices have fallen $1.13 a gallon.

Average prices by region and a breakdown by grade follow after "Read more....".

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