Written by Gary
Wall Street snapped a three-day losing streak today (SPY +0.5%) as financial stocks rose after Fed Chair Janet Yellen said the case for an interest rate hike had strengthened. Short-term indicators are mildly bullish after the US dollar dropped from session highs. Crude prices remained at the 47 handle and gold fell fractionally.
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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Free your mind and the rest will follow...
Infographic Of The Day: Health Benefits Of Mustard
It's strange to think that one of the most overlooked healthy ingredients is also one of the most common.
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29Aug2016 Market Update: Wall Street Continues To Melt Upward From Opening, US Dollar Now Falling, Gold Rising Sharply, Crude Prices Rising Off Session Lows, Short-Term Indicators Moderately Bullish
by Charles Hugh Smith, Of Two Minds
What Can We Say About a System that Criminalizes a Safe Painkiller (0 Deaths) and Promotes Big Pharma Opiates that Have Killed 165,000 Americans?
So when will the citizens wake up to the criminality of their government in favoring killer corporate opiates over safe natural painkillers?
Buy When There's Blood In The Streets - Part 2 Of Not The Best Time In History To Invest In Real Est
Written by Gary
Afternoon trading sees weakness in the US dollar as major indexes melt upwards on anemic volume (SPY +0.6%). Consumer spending increased 0.3% last month, matching economist expectations. Consumer spending accounts for more than two-thirds of U.S. economic activity. Personal income increased 0.4%. That also matched estimates.
29Aug2016 Pre-Market Commentary: US Futures Point To A Fractionally Higher Opening (For Now), Gold A
26Aug2016 Market Close: US Markets Close In The Red, US Dollar Remains Higher, Crude And Gold Back D
Written by Steven Hansen
This post is a review of all major leading indicators follows - and no leading index is particularily strong. A summary of the indices are at the end of this post.