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
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The Extreme Ice Survey captures time lapse videos of glaciers melting in the Arctic. CNN's Derek Van Dam interviews the founder.
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01Sep2015 Pre-Market Commentary: Markets Expected To Gap Down Sharply Along With Oil On New Global Financial Worries From China And Japan
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.
Written by Gary
U.S. stock futures indexes are down sharply this morning and are set to open lower as uncertain economic data from China and Japan continued to worry investors. Oil prices have pulled back fractionally as investors cover short positions and take profits following an 8% rise in the previous session.
SPY was down 2.5% (and falling) as U.S. markets are expected gap down at the opening.
31Aug2015 Market Close: Markets Close Down, Oil Remains High, But Sliding As All Market Indicators A
31Aug2015 Market Update: DOW Off 97 Points, Markets Pausing Previous Bullish Action, Oil Going Crazy
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.