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13 January 2017: ECRI's WLI Growth Index Insignificantly Improves

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ECRI's WLI Growth Index which forecasts economic growth six months forward remains in positive territory for the 43rd week - after spending the previous 35 consecutive weeks in negative territory. This is compared to RecessionAlerts similar weekly leading index. ECRI also released their coincident index this week.

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 more WWRT

What We Read Today 19 January 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".).

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Every day 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

Majority Of Job Seekers Uncertain About Trump Impact

from Challenger Gray and Christmas

While Donald Trump may have won the White House partly on his promise to revitalize struggling industries, a recent survey of job seekers found that the majority are uncertain of his ability to deliver on that pledge. 53 percent of respondents said they were not sure if the incoming president will benefit job seekers.

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Infographic Of The Day: Unusual Pets

We all know that person who isn't content with a dog or cat or some other pet that everyone else has.

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Video of the Day:

The song “The One Moment” is a celebration of (and a prayer for) those moments in life when we are most alive. Humans are not equipped to understand our own temporariness. For the video, we tried to represent this idea literally — we shot it in a single moment, 4.2 seconds of real time. . We constructed a moment of total chaos and confusion, and then unraveled that moment, discovering the beauty, wonder, and structure within.


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Current Weather Outlook

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NOAA maintains the fiction that we have a La Nina and now forecasts two weeks of wet followed by two weeks of dry. This part of the forecast may indeed work out if the ridge forecast over the Western U.S. materializes. We should be having very interesting and highly changeable weather for the next 30 days at least. At this point, three storms are teed up to impact the West and Southwest within the next ten days. Then the pattern changes to a more dry pattern. The temperature changes may be even more rapid.

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 more investing, markets, precious metals & forex

20Jan2017 Pre-Market Commentary: US Stock Future Indexes Higher Ahead Of Inauguration, WTI Crude Testing 53 Handle, Blue-chip Earnings Are Topping Estimates



 more opinion

What Is The Natural Interest Rate - And What If We Go Above It?

by Gene D. Balas

Part of this discussion may sound a bit heretical, but it is actually based on research conducted by the St. Louis Federal Reserve. And its research concludes that the natural real (net of inflation) interest rate policymakers should set should actually be negative over the longer term.

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

Rail Week Ending 14 January 2017: Some Improvement

Week 2 of 2017 shows same week total rail traffic (from same week one year ago) improved according to the Association of American Railroads (AAR) traffic data.

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