Written by Steven Hansen
This week we were subjected to terrible 1Q2017 GDP numbers that even President Trump was silent as no amount of spin could make them look good.
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 John Lounsbury
Econintersect: Steve Keen was interviewed earlier this month by Rachel Rickard Straus on the Daily Mail's 'Big Money Questions'. He explained how another financial crisis could be avoided and why the necessary actions will not be taken in the next several years. However, he does expect the world will take action in the longer term.
Infographic Of The Day: 34 Startup Metrics For Tech Entrepreneurs
Several years ago, a key challenge with launching a new tech startup venture was that there weren't many precedents to follow.
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Written by Sig Silber
Ocean temperature anomalies this week are far less dramatic than last week. Perhaps this suggests less drama in the forecasts. We discuss again why we believe the calls for an El Nino are a bit bizarre. Mostly we discuss the current 6-10 Day, 8-14 Day and Week 3-4 forecasts for the U.S. which surprisingly are more controlled right now by the Atlantic and Gulf of Mexico than the Pacific. We also review the overall World situation.
from The Conversation
-- this post authored by John Baird, University of Aberdeen
The human race is in so much trouble that it needs to colonise another planet within 100 years or face extinction. So says the physicist Stephen Hawking in an upcoming BBC documentary, 'Stephen Hawking: Expedition New Earth. According to Hawking':
Written by Lance Roberts, Clarity Financial
A recent article out this past week by Russ Koesterich via BlackRock noted that bond yields had not melted-up as 'everyone expected.'
26May2017 Market Close: Wall Street Closed Flat And Unattractive Ahead Of The Three-day Weekend, Bot
26May2017 Market Update: Wall Street Quiet Ahead Of Three Day Weekend, Fractional Upwards Trend In C
26May2017 Pre-Market Commentary: Wall Street Set To Open Fractionally Lower, Crude Oil Stabilizes Af
ECRI's WLI Growth Index which forecasts economic growth six months forward remains in positive territory for over one year - after spending the previous 35 consecutive weeks in negative territory. This is compared to RecessionAlerts similar weekly leading index.