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Working From Home Is Still Rare In The United States

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by Felix Richter, Statista.com

-- this post authored by Niall McCarthy

Working from home is still a rare phenomenon in the United States.

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What We Read Today 10 December 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.

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 more features, analysis, studies, and news published in the last week

The Last Bucket Catch

It takes a special kind of pilot to catch a bucket of film being dropped from a satellite and that's exactly what kind of pilots 'The Star Catchers' were. The National Reconnaissance Office shares with us the story of The Last Bucket Catch performed by Air Force pilots operating out of Hickam Air Force Base in Hawaii in 1986. I can only imagine the pressure the pilots were under as they attempted to catch the buckets before they splashed into the ocean.

Infographic Of The Day: Identity Theft: You Should Be Worried

How often do you check your online banking account?

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Video of the Day:

It takes a special kind of pilot to catch a bucket of film being dropped from a satellite and that’s exactly what kind of pilots “The Star Catchers” were. The National Reconnaissance Office shares with us the story of The Last Bucket Catch performed by Air Force pilots operating out of Hickam Air Force Base in Hawaii in 1986. I can only imagine the pressure the pilots were under as they attempted to catch the buckets before they splashed into the ocean.


video of day picture





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Current Weather Outlook

Written by

Global Warming takes a break at least for CONUS as cold is the forecast for the Northern Tier of CONUS (and points North). It first looked like this would be a meridional pattern bringing record cold down to the Southwest but the Jet Stream turned zonal in the nick of time. So the cold air is being distributed more equitably. Waiting for NOAA to walk back their incongruous La Nina Advisory...probably December 8.

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 more investing, markets, precious metals & forex

The New Art Of Utility Investing



 more opinion

Trickle-down Economics, Trump Edition

Written by Dirk Ehnts, Econoblog101

The Financial Times writes about Laffer endorsing Trump's policy of tax cuts for the rich:

Although tax rates in most countries rose throughout the 20th century, which was by far the best century in economic history, Mr Laffer is unbowed. 'When [taxes] went up [countries] did very poorly and when they went down, they did very well,' he says.

laffer.curve.data.380px

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

Joe Sixpack's Situation in 3Q2016: The Average Joe Is Better Off

Written by Steven Hansen

The Federal Reserve data release (Z.1 Flow of Funds) - which provides insight into the finances of the average household - shows a modest improvement in average household net worth. Our modeled "Joe Sixpack" - who owns a house and has a job, and essentially no other asset - is better off than he was last quarter.

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