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23Feb2018 Midday Update: Wall Street Gains As Tech Stocks Rise, WTI Crude Rises Into The High 62 Handle, US Announces Largest-ever Sanctions Against North Korea

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Written by Gary

US stock market major index's rose rose today (SPY +0.7%), with gains in technology stocks helping claw back some of the week's losses. DOW rose more than 150 points, but remains on track for weekly loss.

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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

Auschwitz: Drone Video Of Nazi Concentration Camp - BBC News

Drone video shows the Auschwitz-Birkenau concentration camp as it is today - 70 years after it was liberated by Soviet troops. The camp in Poland is now maintained as a World Heritage Site and is visited by thousands of tourists and survivors every year. Auschwitz was the largest camp established by the Germans during World War II. More than a million people - the vast majority of them Jews - died there between 1940, when it was built, and 1945, when it was liberated by the Soviet army.

Infographic Of The Day: Amazon The ECommerce Leader

There is no doubt that Amazon is one of the most recognizable brand names in the whole world. However, its founder Jeff Bezos had a bit more modest goals in the beginning. Who would have thought that a simple online bookseller would become the world's biggest online store? In just 23 years, Amazon went from a relatively obscure book business to a dominant online retailer, cloud service provider, and much, much more.

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Video of the Day:

Drone video shows the Auschwitz-Birkenau concentration camp as it is today - 70 years after it was liberated by Soviet troops. The camp in Poland is now maintained as a World Heritage Site and is visited by thousands of tourists and survivors every year. Auschwitz was the largest camp established by the Germans during World War II. More than a million people - the vast majority of them Jews - died there between 1940, when it was built, and 1945, when it was liberated by the Soviet army.


video of day picture





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Current Weather Outlook

Written by

It has not yet reached crisis levels but a severe drought is impacting many states including Oklahoma, Texas and New Mexico. Arizona and Southern California have also been impacted but they are likely to receive relief soon. This drought raises the risk of significant impacts to farming and ranching. Thus until the situation improves, we will be providing updates of the Drought Monitor which is issued each Thursday. The extreme cold in Canada has also had impacts on agriculture there. Although our focus is on the U.S., we will be reporting also on the situation Worldwide.

Droght Report


 more investing, markets, precious metals & forex

23Feb2018 Pre-Market Commentary: Wall Street Set To Open Higher, DOW Future Are Up More That 150 Points, Interest Rates Slip



 more opinion

Turkey Will Be Ground Zero In The Next Global Debt Crisis

by James Rickards

Special report from Daily Reckoning

Turkey is a beautiful country with a rich history including Greek, Roman and Muslim influences that make it one of the most fascinating places on Earth. It is literally a bridge between East and West: The mile-long Bosporus Bridge just north of Istanbul connects Europe and Asia across the Bosporus Strait.

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

16 February 2018: ECRI's WLI Growth Index Rate Again Marginally Declines

ECRI's WLI Growth Index which forecasts economic growth six months forward remains in expansion. ECRI released their lagging index this week also/

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