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08Feb2016 Market Update: Averages Off Over Two Percentage Points, Crude Trading Lower In The High 29's And More Fractional Losses Forecast Today

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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.

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 more WWRT

What We Read Today 07 February 2016

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.

To become a GEI Member simply subscribe to our FREE daily newsletter.

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

F/A-18 Super Hornet Hi-Speed Low-Level Maneuvers Cockpit View

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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Video of the Day:

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.


video of day picture





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 more investing, markets, precious metals & forex

08Feb2016 Pre-Market Commentary: Oil Prices Falling, SPY Down One Percent, US Futures Sliding, European Also Trading Down



 more opinion

Steve Keen On Our Dysfunctional Monetary System

Written by John Lounsbury

The great tragedy of the global economic malaise is that it is caused by a shortage of something that is essentially costless to produce: money.

- - Steve Keen in Forbes

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.

stevekeenstripphoto380

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

January 2016 Conference Board Employment Index Improves Again

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.

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