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30Aug2016 Pre-Market Commentary: US Futures Flat Ahead Of The Morning Opening, Crude Prices Rise Moderately Along With The US Dollar, Investors Remain Concerned With Timing Of Next Rate Hike

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Written by Gary

U.S. stock index futures are struggling for direction this morning (SPY -0.02), as investors looked ahead to U.S. economic data on the timing of the next U.S. rate hike. Eurozone confidence edged lower in August, Crude Prices rebounded moderately, but glut concerns limit gains.

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 more WWRT

What We Read Today 29 August 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".).

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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

Did It Matter What Types Of Assets The Fed Purchased?

from the St Louis Fed

One of the major intents of the Fed's large-scale asset purchase programs was to drive longer-term interest rates down, thus encouraging people to spend more. But how did these large-scale asset purchases affect the economy as a whole, and did the composition of assets purchased matter?

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Infographic Of The Day: 8 DIY Activated Charcoal Beauty Recipes

Activated charcoal has become one of the hottest trends in the DIY beauty industry and for good reason.

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Video of the Day:

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 more investing, markets, precious metals & forex

The Fed Seeks Credibility As Markets Wait



 more opinion

Here's Why B Of A's Chart Of Fast Growing Low Wages Is BS

by Lee Adler, Wall Street Examiner

Good guy Sam Ro, now at Yahoo, tweeted out a chart by Bank of America Merrill Lynch (BAML) this morning showing that low wage job gains have outpaced gains in high wage jobs.I happen to keep charts on wage growth by industry, so I know a little about the subject. I had my usual calm and measured response.

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

Average Gasoline Prices for Week Ending 29 August 2016 Rose Over 4 Cents Again

Average gasoline prices rose 4.2 cents this past week following the previous week's 4.3 cents gain.


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

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