Written by Gary
Apple stalls Wall Street's record run by catching a mild 'cold' (SPY -0.2%). A quiet weekend and some good earnings report next week should bring back the markets as good as new.
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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A driver in China manged to escape through his car's sunroof, after a telephone pole crushed the front of his vehicle. The driver escaped unharmed.
Infographic Of The Day: Which Cities Are Fueling America's Craft Beer Boom
The craft beer industry in the United States has been a bright spot of the economy for nearly a decade.
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Written by Sig Silber
It was only a one-week vacation and with a "possible" positive MJO coming, it might take another short vacation soon. The forecasted pattern of Highs and Lows in the Pacific is quite unusual. Overall we are entering a fairly dry period for the next four weeks. More details in the full report. We will publish a more detailed three- to four-season outlook on Saturday.
19Oct2017 Pre-Market Commentary: US Futures Point To A Moderately Lower Opening At The Bell, Crude And The US Dollar Fall, BTFDers Are Sure To Pounce On Low Prices
from Qruis (formerly The Indian Economist)
-- this post authored by Ishita Misra
According to a research done by a State Bank of India (SBI) team, corruption and economic growth are intrinsically related. Data from around the world shows that a lower level of corruption corresponds to a higher economic growth rate in a country. The report claims that demonetisation has had a positive impact on curbing corruption. Furthermore, lower levels of corruption have led to an increase in foreign fund inflows. However, even though corruption levels have decreased, it is still a rampant problem in India that needs to be weeded out to ensure economic growth in the country.
Written by Gary
US stock market future indexes head lower on the 30th anniversary of the 1987 Black Monday anniversary (SPY -0.4%). Is the most hated bull market in stocks becoming dangerously over-loved?
18Oct2017 Market Close: Dow Trades Above 23,000-mark As IBM's Stock Jumps, The SP 500 Is Now Overval
18Oct2017 Market Update: Wall Street Posting New Highs In Early Afternoon Trading, US Dollar Slips M
Written by Steven Hansen
The Conference Board Leading Economic Index (LEI) for the U.S declined this month - and the authors say "Despite September's decline, the trend in the US LEI remains consistent with continuing solid growth in the US economy for the second half of the year".