In May 2016, when a report claimed that Apple was planning to kill off music downloads on the iTunes Store in the near future, the company was uncharacteristically quick to deny the claim and set the record straight.
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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Written by Econintersect
Econintersect: Here is a day-by-day rundown of the global economic calendar events for the coming week and the important earnings announcements each day, as well. The presentation is by Merlin Rothfeld from Online Trading Academy and Power Trading Radio.
Video presentation follows the Read more >> jump
Infographic Of The Day: Hollywood Vs. Real Life: How Realistic Are Romantic Comedies
How realistic are romantic comedies? Do they leave us with impractical expectations?
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Written by Sig Silber
... But Less than Previously
On February 16, 2017 NOAA released their Seasonal Outlook (which actually looks out fifteen months). JAMSTEC, which is a Japanese Research Institute, also has issued their Outlook based on their February 1 forecast for ENSO. We will review what have we learned - and address the question: Are either of these forecasts credible? Also of interest is the possibility of a new El Nino and a possible decadal or even a multi-decadal climate shift in the Pacific to PDO Positive.
Written by Dan Steinbock, Difference Group
After a decade of huge international events, many Chinese people suffer from 'gala-fatigue.' So has the case for Beijing Winter Olympics 2022 dimmed as well? Not necessarily.
Click for larger image at gizmodo.com.
See note at end of article.
by Jeff Miller, A Dash of Insight
We have another holiday-shortened week with little fresh data. While there are some Fed speakers on tap, it is not enough to feed the avaricious punditry. There are two competing themes: the spike in inflation and the continuing assessment of Trump Administration policies. Once again, I expect the two to be joined in most commentaries. Pundits will be asking:
Will Trump policies extend the business cycle?
17Feb2017 Market Close: US Markets Close In The Green Surprising The Bearish Analysts, Monday Market
17Feb2017 Market Update: US Stock Markets Trade Lower, Sideways On Lower Volume, WTI Crude Prices In
ECRI's WLI Growth Index which forecasts economic growth six months forward remains in positive territory for the 47th week - after spending the previous 35 consecutive weeks in negative territory. This is compared to RecessionAlerts similar weekly leading index. ECRI released their coincident and lagging indices this week and is discussed below.