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February 2018 Kansas City Fed Manufacturing Remains Positive

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Of the three regional manufacturing surveys released for February, all were in expansion.

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 more WWRT

What We Read Today 21 February 2018

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 Monday, Wednesday, and Friday in the late afternoon New York time. For early morning review of headlines see "The Early Bird" published Monday through Friday in the early am at GEI News (membership not required for access to "The Early Bird".).

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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

Infographic Of The Day: The Cost Of Artisanal Mining

Artisanal and Small-Scale Mining (ASM) is emerging as an important socio-economic sector in many developing nations. It's the practice of informal mining activities carried out using low technology or with minimal machinery.

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Infographic Of The Day: The Cost Of Artisanal Mining

Artisanal and Small-Scale Mining (ASM) is emerging as an important socio-economic sector in many developing nations. It's the practice of informal mining activities carried out using low technology or with minimal machinery.

Read more ...







Video of the Day:

I don´t get it with these 3rd world countries. An extremly overloaded vehicle isn´t efficient at all. Im pretty such i've hired all these idiots at one time or another to work on my home! How these people ever made it to adulthood I don't know.


video of day picture





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Current Weather Outlook

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No need to get frightened. At any one point in time there are 3 to 7 Rossby Waves sometimes called Planetary Waves or Long Waves circling the Planet. They serve to equalize temperature between the Equator and the poles. The Long waves tend to produce a fairly predictable weather pattern. We will see how the current particular Rossby Wave, which is forecast to move slowly and even retrograde to the west in week two, might impact our weather for the next twenty-five days. The number of such waves at any point in time is called the Wave Number.

  Forecasting Model Roulette


 more investing, markets, precious metals & forex

22Feb2018 Pre-Market Commentary: Wall Street To Open Fractionally Higher, Markets Are Again Expected To Slip During Today's Session, Gold Prices Slip As Dollar Strengthens, Yields Rise



 more opinion

Steve Keen: Equilibrium Barter Thinking In A Far-From-Equilibrium Monetary Economy

Written by John Lounsbury

Steve Keen has just delivered a lecture to students at Shefflield University which completely exposes the degradation of economics over much of the 20th century. Those known as 'mainstream economists' have fallen on their own petard of ignoring money and finance in the economy and assuming that economies operate most of the time in equilibrium conditions. Pictured below: Claudius Ptolemy, courtesy of Planetary Facts.

ptolemy

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

January 2018 Leading Economic Index Sees Continuation of Economic Growth

Written by Steven Hansen

The Conference Board Leading Economic Index (LEI) for the U.S improved this month - and the authors say "While the recent stock market volatility will not be reflected in the U.S. LEI until next month, consumers' and business' outlook on the economy had been improving for several months.".

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