Written by Gary
Wall Street is experiencing another sideways session (SPY -0.2%) ahead of the presidential inauguration tomorrow on light volume. The Dow on track to mark its fifth day of losses as investors stayed away from making risky bets ahead of Donald Trump's swearing-in as president on Friday.
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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The song 'The One Moment' is a celebration of (and a prayer for) those moments in life when we are most alive. Humans are not equipped to understand our own temporariness. For the video, we tried to represent this idea literally - we shot it in a single moment, 4.2 seconds of real time. . We constructed a moment of total chaos and confusion, and then unraveled that moment, discovering the beauty, wonder, and structure within.
Infographic Of The Day: Movies That Struck Oil
One example of this is the movie "Deep Water Horizon", which broke the record for the biggest set ever built, when they constructed an actual oil rig!
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Written by Sig Silber
NOAA maintains the fiction that we have a La Nina and now forecasts two weeks of wet followed by two weeks of dry. This part of the forecast may indeed work out if the ridge forecast over the Western U.S. materializes. We should be having very interesting and highly changeable weather for the next 30 days at least. At this point, three storms are teed up to impact the West and Southwest within the next ten days. Then the pattern changes to a more dry pattern. The temperature changes may be even more rapid.
19Jan2017 Pre-Market Commentary: Wall Street To Open Flat, Building Permits Down, Philadelphia Fed Manufacturing Up, Jobless Claims Down
from The Conversation
-- this post authored by George Feiger, Aston University
Many people feel that the capitalist economic system delivers wealth to a few and somehow cheats the rest of opportunity. I agree: our market system is being looted by a small minority and the only real solutions call for courageous measures.
Written by Gary
US stock market future indexes are pointing to open flat, but on the negative side (SPY -0.01%). Crude prices rose this morning, as market players awaited U.S. stockpiles of crude and refined products reports.
18Jan2017 Market Close: US Stock Markets Closed Mostly Higher, Crude Prices Slipping Further, US Dol
Written by Steven Hansen
The Philly Fed Business Outlook Survey improved and remains expansion. Key elements were strong.