Written by Gary
US markets are sharply lower this early afternoon and now trading more or less sideways after a selloff accelerated about an hour into the session. Energy, telecommunications and financials have led all 10 SP500 sectors in negative territory where they remain. The good news that many indicators are showing an up day tomorrow is very possible.
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.
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Strap yourself in and take a look at the view from the cockpit of a F/A-18 Super Hornet as it conducts some Low Level Maneuvers off an aircraft carrier. The aircraft carrier is the USS Enterprise (CVN 65). These Naval Aviators earn their flight pay when they are taking off and landing on a carrier deck. If you like this and need some more thrills watch this F-18 Low Level Flying VR-1251.
Infographic Of The Day: Valentine's Day Traditions
Valentine's Day traditions have changed since the holiday first began.
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08Feb2016 Pre-Market Commentary: Oil Prices Falling, SPY Down One Percent, US Futures Sliding, European Also Trading Down
Written by John Lounsbury
Steve Keen is one of the world's foremost students of the relationships between money, credit and economic growth, an area that has been ignored in much economic theory and analysis for many decades. The fact that he was prompted to criticize so fundamentally the very system he has studied is noteworthy.
Written by Gary
US stock future indexes are down sharply this morning as they test the 'major' supports. Most global equity markets are posting big losses as traders fret about a recession following Friday's disappointing U.S. jobs report. Although major Asian markets are closed this week for the Lunar New Year holiday, China kicked off the celebration by reporting a $99.5B foreign currency reserve drop in January to $3.23T. Oil prices are about to head south say some analysts.
05Feb2016 Market Close: US Markets Closed Down, DOW Off 212 Points, Spooz Off 1.9%, Crude Settles At
05Feb2016 Market Update: Wall Street Falls Sharply After Opening, Tech Stocks In The Red, WTI Remain
Written by Steven Hansen
The Conference Board's Employment Trends Index - which forecasts employment for the next 6 months - improved again this month "reducing the likelihood of further slowing in employment growth". Consider that this projected growth is six months from now.