Written by Gary
Wall Street skyrocketed on the opening bell (SPY +1.0%), tracking a relief rally that swept through European and Asian stock markets, after Centrist candidate Emmanuel Macron won the first round of the French presidential election. Crude, Gold and the US dollar remain low.
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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Infographic Of The Day: 10 Habits Of Millionaires For Building Wealth
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Written by Sig Silber
NOAA issued their Seasonal Outlook on April 20 and JAMSTEC issued theirs at least a week earlier than NOAA which is unusual. Usually they follow pretty much the same schedule. Both forecasts assume an El Nino but with different timing. Here at GEI we think both Meteorological Agencies are incorrect on that forecast but we'll go over what they are presenting. December 2017 through February 2018 is where there is considerable disagreement or doubt regarding what we should expect for CONUS.
24Apr2017 Pre-Market Commentary: Wall Street To Open Sharply Higher, WTI Crude Falling Again, US Dollar In The High 98's, DOW Up Triple Digits
Written by Danielle DiMartino Booth, Money Strong
Some movies beg to be one and done.
No sequel. No Part II. No Redux. 1981's smash hit Arthur is a classic example of what happens when well is not left alone. There was never going to be a way to replicate the hilarity born of sublime scripting and delivery to say nothing of the perfectly unconventional combination of casting and direction.
Written by Gary
US stock index futures rose sharply this morning (SPY +1.2%), tracking European and Asian stocks, as investors breathed a sigh of relief after Centrist candidate and market favorite Emmanuel Macron won the first round of the French election. Crude prices recovered some lost ground (WTI 49.76).
21Apr2017 Market Close: US Stocks Slipped Moderately, WTI Crude Slips On Renewed Concerns Of Increas
21Apr2017 Market Update: Wall Street Fractionally Lower, DOW Down 41 Points And Looking To Drop Furt
Of the three Federal Reserve districts which have released their April manufacturing surveys - all are in expansion. A complete summary follows.