Written by Econintersect
Early Bird Headlines 17 August 2017
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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Written by John Lounsbury
Econintersect: For 90% of human history the West has been more advanced than the East. Ian Morris, Professor of History at Stanford University, presents this 2013 lecture at the Oriental Institute, University of Chicago. The title is 'Why the West Rules -- For Now: The Patterns of History, and What They Reveal About the Future.'
Infographic Of The Day: Helium - A Valuable Gas Not To Be Taken Lightly
Helium makes up 25% of the atoms in the known universe, so one would guess that the inert gas would be quite plentiful on Earth
This widget provided by DailyForex.com Forex News & Brokers;
Written by Sig Silber
Re the Monsoon: Break - Surge - Break: Re 6 to 14 Day Outlook: Don't Count on it.
NOAA is assigning a low probability to the 6 - 14 Day Forecast due to "FORECAST CONFIDENCE FOR THE 6-10 DAY PERIOD: BELOW AVERAGE, 2 OUT OF 5, DUE TO A PREDICTED LOW AMPLITUDE PATTERN AND CONFLICTING / WEAK SIGNALS AMONG THE SURFACE TOOLS." Another way of putting that is that it is hard to predict weather when there is none. But we believe the real problem is the inability of the models to deal with a confusing situation most likely related to the time of year and the rapid change in conditions along the Equator. The Southwest Monsoon has been going through rapid changes. Earlier this past week, we had a Break (reduction in activity) and we may now be in the final days of a Surge and the forecast is for another probably short Break. it is a bit unusual to have these rapid swings. It may be that the Monsoon this summer requires favorable conditions to overcome certain negative factors.
Written by Carmine Gorga, The Somist Institute
There are warnings in the airwaves about a collapse of the Stock Market in 2017 - or any time in the future.
What to do then?
by Brad Parkes
Japan Theory - What's Being Missed?
While suffering a bout of insomnia and up late watching TV news and catching up on a little reading I had this thought about Japan .... what if everyone is wrong?
16Aug2017 Market Close: Stocks Closed Higher, Dow Back Above 22,000, While Oil Closed Lower On Risin
16Aug2017 Market Update: Wall Street Slips Just Ahead Of Fed's Release Of The July Minutes, WTI Crud
16Aug2017 Market Commentary: Wall Street Opens Higher, But Is Expected To Post Negative Numbers Befo
-- this post authored by Steven Hansen
The 26 July 2017 meeting statement presented the actions taken. This post covers the economic discussion during this FOMC meeting between the members (minutes were released today). There was considerable discussion on inflation, and an interesting quote: