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Early Headlines: China PMIs Weaken Further, India Growth Slows, U.S. Public Sector Corruption, Americans "Angry" With Government, Australia Nears World Growth Record And More

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Written by John Lounsbury

Early Bird Headlines 01 September 2015

Econintersect: Here are some of the headlines we found to help you start your day. For more headlines see our afternoon feature for GEI members, What We Read Today, which has many more headlines and a number of article discussions to keep you abreast of what we have found interesting.

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What We Read Today 31 August 2015

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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31 August 2015 Weather and Climate Report: September Outlook Updated - Is this like 1997/1998?

Written by Sig Silber

For a few days, the 1997/1998 had been showing up as being highly correlated analogs with recent weather conditions. I pay a lot of attention to the analogs as you know if you regularly read my weekly report and this made me wonder if there were signs that this El Nino, which in some sense has arrived, would have impacts that resemble the 1999/1998 El Nino. That would be significant because:

  1. The 1997/1998 El Nino was a very powerful El Nino
  2. Except for basically summer impacts (and we are past Summer and those impacts have not occurred), CONUS was not much impacted in 1997 other than one major storm, but instead the impacts were primarily from Dec 1997 to Feb 1998.
  3. The violent impacts in most cases were in the eastern half of CONUS. Early on, California was impacted as was Hawaii but with respect to CONUS this was mostly an Eastern CONUS event with the West simply benefiting from additional precipitation.
  4. If this El Nino has similar impacts as the 1997/1998 El Nino, the NOAA and JAMSTEC Seasonal Outlooks are quite incorrect.

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Infographic Of The Day: Tackling Sleep Deprivation And Other Sleep Maladies

We have identified the 7 deadly sleep depriving monsters from their continued research on dreams and sleep habits.

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Video of the Day:

Derek Thompson tells Fareed Zakaria how common jobs may soon be replaced by new technologies. One example is drivers being replaced by self-driving vehicles.


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When it Comes to Recession and Deflation, the Fed is the Last to Know

by James Rickards, Daily Reckoning

The Federal Reserve uses a complicated econometric model to make its forecasts about the U.S. economy. This model is called 'Federal Reserve Bank U.S.,' nicknamed FERBUS. It shows growth of 5% in the near future.

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

September 2015 Economic Forecast: Some Improvement Over Last Month's Terrible Forecast

Written by Steven Hansen

Econintersect's Economic Index improved from last month's lowest index level since April 2010. The tracked sectors of the economy generally improved somewhat or the growth remained unchanged. Still, our economic index has been in a long term decline since late 2014.

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