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"The Trend Is Set" - And What You Should Pay Attention To Next

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from Elliott Wave International

Steve Hochberg and Pete Kendall, co-editors of our monthly Financial Forecast, sat down with ElliottWaveTV to discuss the volatility that followed Thursday's Brexit vote. Learn what the Brexit vote represents - and its implications for the world markets and economies.

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What We Read Today 25 June 2016

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".).

BECOME A GEI MEMBER - IT's FREE!

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

To become a GEI Member simply subscribe to our FREE daily newsletter.

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

Budgetary Effects Of The United States Participation In The International Monetary Fund

from the Congressional Budget Office

Since 1945, when the International Monetary Fund (IMF) was established to promote global economic cooperation and stability, the United States has been its largest contributor. Today, the United States' financial commitment to the IMF totals approximately $164 billion; that is the maximum amount that the IMF can draw from the United States to make loans to other IMF members.

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Infographic Of The Day: Repaint Your Home And Get It Sold Quickly

A typical house buyer always turns on not only with the exterior of the house but also when they feel at home upon entering the door of the house.

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Video of the Day:

Where will the machines claim their next victory: putting you out of a job; solving the mysteries of science; bettering human abilities in the bedroom? Science fiction is full of robots-usurping-humans stories, sometimes entwined with a second strand of anxiety: seduction. The AI will relentlessly follow its code once set in motion – and this means that, if we are meaningfully to debate the adaptation of a human world into a machine-mediated one, this must take place at the design stage.


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 more investing, markets, precious metals & forex

The Week Ahead: Will Brexit Effect Turn Markets Down?



 more opinion

Media Warp - The Cable News Distortions

by Elliott Morss, Morss Global Finance

Introduction

The media loves reporting bad news - great ratings! And we have all received far more information/reports with no new information than we need on the Orlando and San Bernardino killings. And the same on planes lost in the Mediterranean and Indian Ocean. With this information overload, it is easy to lose the forest for the proverbial trees. And politicians do not help: they rearrange/distort news for their own purposes. Below, I offer several examples of 'media warp.'

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

17 June 2016: ECRI's WLI Growth Index Unchanged

ECRI's WLI Growth Index which forecasts economic growth six months forward was unchanged and remains in positive territory for the thirteenth week - after spending the previous 34 consecutive weeks in negative territory.

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