Early Bird Headlines 02 April 2015
Econintersect: Here are some of the headlines we found to help you start your day. For more headlines see our afternoon feature for GEI members, What We Read Today, which has many more headlines and a number of article discussions to keep you abreast of what we have found interesting.
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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by John Mauldin, Thoughts from the Frontline
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Infographic Of The Day: Causes And Treatments For Headache In Children
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FOREX NEWS by DailyForex
The dollar nursed modest losses on Thursday, having suffered a setback on fresh signs that the U.S. economy slowed significantly in the first quarter a factor that could delay the Federal Reserve's decision to begin hiking interest rates.
The US Dollar edged lower in European trading after a disappointing Tankan survey, a report which shows business sentiment in Japan, which paradoxically gave the safe haven Japanese Yen a boost even as it weighed on Japanese equities.
The assessments of quarterly growth are always subject to revision since the estimate of GDP is based on a subset of the data.
Greece failed to reach an initial deal with the European Union and the IMF to unlock aid after the creditors dismissed a package of reforms from Athens as ideas rather than a concrete plan, officials said on Tuesday.
As the end of this quarter draws to a close, the common currency Euro is poised to record its single worst quarter ever.
by Dirk Ehnts, Econoblog101
The ongoing economic recovery in Iceland started already in 2010. The economic crisis (= recession), as you can see in the chart below, started in about 2007. Only 3 years and a loss of GDP of roughly 10% later, the economy started growing again. Look, however, at the amount outstanding of domestic debt securities for general government issuers. It has risen very fast in the crisis, probably because of falling tax income.
Investing Daily Article of the Week
by Richard Stavros
We"re cautiously optimistic that we"re on the verge of a major European bull market. Sure, potential headwinds don"t make this potential market as perfect as we"d like. But to paraphrase the French philosopher Voltaire, we won"t let the perfect be the enemy of the good.
01Apr2015 Market Update: Averages Fell At The Opening. Oil Surges Higher, Gold Climbs Higher As U.S.
01Apr2015 Pre-Market Commentary: ADP Reports Lower Jobs Added Last Month, Iran Deal Still Being Work
Written by Steven Hansen
The headlines say construction spending declined this month - the data is volatile and backward revisions distort the picture. However, the rate of growth looking at the unadjusted rolling averages improved this month following a persistent decline in the rate of growth for the previous 12 months. This month private construction improved which has been the drag on new construction growth.