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Early Headlines: Asia Stocks And Oil Up, Dollar And Gold Weak, Plastic Binge, Greenland Ice Melt, GOP's Unhealthy Plan, US Banks 'Healthy', Brexit Hole In EU Budget, And More

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Written by Econintersect

Early Bird Headlines 29 June 2017

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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 more WWRT

What We Read Today 27 June 2017

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".).

BECOME A GEI MEMBER - IT's FREE!

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

Documentary Of The Week: Fiat Money And Economic Policy

Written by John Lounsbury

Econintersect: Marshall Auerbach and Warren Mosler discuss the operations of fiat money systems. These operations are widely called 'Modern Monetary Theory' (terminology first used by Mosler and William Mitchell, among others) but the core of this is not a theory at all; MMT describes the sectoral accounting of the economy using fiat money.

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Infographic Of The Day: Fire Safety

Most fires in the home can be prevented. It's good advice to know the risks around your home and take steps to minimise them. Although many parts of fire prevention guides are common sense, we're often too busy with our daily lives to make sure we have a few things in place to help reduce the risks of fire. However, a little time planning and checking can save lives, because fire kills.

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Video of the Day:

Yellowstone National Park ensures the long-term viability of wolves in Greater Yellowstone and provides a place for research on how wolves may affect many aspects of the ecosystem. From 1995 to 2000, in early winter, elk calves comprised 50% of wolf prey and bull elk comprised 25%. That ratio reversed from 2001 to 2007, indicating changes in prey vulnerability and availability. Discovery of this change emphasizes the importance of long-term monitoring to understand predator-prey dynamics


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Current Weather Outlook

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It is three weeks out, but the models are suggesting that the 8 - 14 Day Period will create the conditions for the Southwest Monsoon to commence the following week but a bit displaced initially to the east. This week may see some relief from the heat which will return the following week but this time impacting the Northern Plains and points east.


 more investing, markets, precious metals & forex

A Precise Blowoff Target For The Dow



 more opinion

Sovereign Debt Jubilee, Japanese-Style

by Ellen Brown, Web of Debt

Japan has found a way to write off nearly half its national debt without creating inflation. We could do that too.

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

May 2017 Pending Home Sales Seasonally Adjusted Index Declines For the Third Month

Written by Steven Hansen

The National Association of Realtors (NAR) seasonally adjusted pending home sales index declined. Our analysis is mixed. The quote of the day from this NAR release:

... Monthly closings have recently been oscillating back and forth, but this third consecutive decline in contract activity implies a possible topping off in sales ...

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