Taking a Wrench to Healthcare


by John Mauldin, Thoughts from the Frontline

'The US has the most dysfunctional healthcare system in the world.'- Elizabeth Holmes

'Healthcare is the cornerstone of the socialist state.'- Monica Crowley


 more WWRT

What We Read Today 18 October 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".).


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

Consequences Of Rising Income Inequality

from the San Francisco Fed

-- this post authored by Kevin J. Lansing and Agnieszka Markiewicz

The increase in U.S. income inequality since 1970 largely reflects gains made by households in the top 20% of the income distribution. Estimates suggest that households outside this group have suffered significant losses from foregone consumption, measured relative to a scenario that holds inequality constant. A substantial mitigating factor for the losses has been the dramatic rise in government redistributive transfers, which have doubled as a share of U.S. output over the same period.

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Infographic Of The Day: The Oil Market Is Bigger Than All Metal Markets Combined

Ever since the invention of the internal combustion engine, oil has been one of the most crucial commodities on Earth.

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Video of the Day:

There are thousands of pieces of used rockets, retired spacecrafts, and fragments from reentry floating around near Earth. Each one poses a hazard to the International Space Station — here's how they avoid hitting each one.

video of day picture


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Current Weather Outlook

Written by

On October 20, NOAA released their Seasonal Outlook. Last week, JAMSTEC, which is a Japanese Research Institute, issued their Outlook based on their October 1 forecast for ENSO. We compare the JAMSTEC temperature and precipitation forecast maps which are for the World with the NOAA temperature and precipitation forecast maps that cover only CONUS and Alaska. We do this primarily for educational purposes. Remember: these are forecasts not guarantees. But the differences between the NOAA and JAMSTEC forecasts are significant and mostly related to the differing perspectives on the strength and duration of this Cool ENSO Event.

 weather.caption for Updates

 more investing, markets, precious metals & forex

Preparing For Post-Election Social Unrest

 more opinion

The Beer Goggles Stock Market

by Danielle DiMartino Booth, Money Strong

Money Strong Article of the Week

If you're ever headed down Topperwein Road in Live Oak, Texas with a need to unwind and bend an elbow, pull on in at the town's local watering hole, the Beer Goggles Bar, and order up a cold one. The bartenders are reported to always be on their 'A' game and the music next to none.

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

14 October 2016: ECRI's WLI Growth Index Insignificantly Declines

ECRI's WLI Growth Index which forecasts economic growth six months forward remains in positive territory for the 30th week - after spending the previous 35 consecutive weeks in negative territory. This is compared to RecessionAlerts similar weekly leading index. Also ECRI released their lagging and coincident indices this past week.

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