01Sep2015 Market Update: Markets Open Lower, Trade Sideways, WTI Oil Has Dropped 4 Points, Investors Concerned Over Weakening Global Finances


Written by Gary

Volatility rules the markets, but volume is only 'moderate'. Markets gaped down on the opening bell and have sea-sawed sideways throughout the morning while WTI oil has dropped almost 4 points. Weak manufacturing data in China fueled investors' worries about the world's second-largest economy. Which showed activity in August had slipped to a three-year low

Read more ...

 more WWRT

What We Read Today 31 August 2015

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.

Read more ...

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

See Glaciers Melt Before Your Eyes

The Extreme Ice Survey captures time lapse videos of glaciers melting in the Arctic. CNN's Derek Van Dam interviews the founder.

Infographic Of The Day: Tackling Sleep Deprivation And Other Sleep Maladies

We have identified the 7 deadly sleep depriving monsters from their continued research on dreams and sleep habits.

Read more ...

Video of the Day:

The Extreme Ice Survey captures time lapse videos of glaciers melting in the Arctic. CNN's Derek Van Dam interviews the founder.

video of day picture

This widget provided by Forex News & Brokers

 more investing, markets, precious metals & forex

01Sep2015 Pre-Market Commentary: Markets Expected To Gap Down Sharply Along With Oil On New Global Financial Worries From China And Japan

 more opinion

When it Comes to Recession and Deflation, the Fed is the Last to Know

by James Rickards, Daily Reckoning

The Federal Reserve uses a complicated econometric model to make its forecasts about the U.S. economy. This model is called 'Federal Reserve Bank U.S.,' nicknamed FERBUS. It shows growth of 5% in the near future.


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

July 2015 Construction Spending Growth Is Strong.

Written by Steven Hansen

The headlines say construction spending grew. The backward revisions make this series very wacky - but the backward revisions this month were upward making the data better than the headline view. Our view is that if the data is correct - this was another strong growth month.

Read more ...