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.
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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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?
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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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.
Buy When There's Blood In The Streets - Part 2 Of Not The Best Time In History To Invest In Real Est
Written by Jim Welsh
Macro Tides Technical Review 29 August 2016
The big news from last week was not Janet Yellen's speech at Jackson Hole. The big news is that the S&P experienced a daily trading range larger than 1% on Friday for the first since July 11, or after 34 days of not doing so.
29Aug2016 Market Update: Wall Street Continues To Melt Upward From Opening, US Dollar Now Falling, G
29Aug2016 Pre-Market Commentary: US Futures Point To A Fractionally Higher Opening (For Now), Gold A
Average gasoline prices rose 4.2 cents this past week following the previous week's 4.3 cents gain.