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Historical Photos In Color

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An interesting look at some historical photos that have been colorized from the original black and white photo. The series of photos begins in the 1850's and proceeds through the Civil War and late 1800's into the 20th Century. Adding color to these old photos really brings them to life and gives the viewer a different perspective than the black and white photo.




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What We Read Today 18 February 2017

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.

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

Total Household Debt Nears 2008 Peak But Debt Picture Looks Much Different

from Liberty Street Economics

-- this post authored by Andrew Haughwout, Donghoon Lee, Joelle Scally, and Wilbert van der Klaauw

The latest Quarterly Report on Household Debt and Credit from the New York Fed's Center for Microeconomic Data showed a substantial increase in aggregate household debt balances in the fourth quarter of 2016 and for the year as a whole. As of December 31, 2016, total household debt stood at $12.58 trillion, an increase of $226 billion (or 1.8 percent) from the third quarter of 2016.

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Infographic Of The Day: Hollywood Vs. Real Life: How Realistic Are Romantic Comedies

How realistic are romantic comedies? Do they leave us with impractical expectations?

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Video of the Day:

An interesting look at some historical photos that have been colorized from the original black and white photo. The series of photos begins in the 1850’s and proceeds through the Civil War and late 1800’s into the 20th Century. Adding color to these old photos really brings them to life and gives the viewer a different perspective than the black and white photo.


video of day picture





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Current Weather Outlook

Written by

... But Less than Previously

On February 16, 2017 NOAA released their Seasonal Outlook (which actually looks out fifteen months). JAMSTEC, which is a Japanese Research Institute, also has issued their Outlook based on their February 1 forecast for ENSO. We will review what have we learned - and address the question:  Are either of these forecasts credible? Also of interest is the possibility of a new El Nino and a possible decadal or even a multi-decadal climate shift in the Pacific to PDO Positive.

 weather.caption for Updates


 more investing, markets, precious metals & forex

The Week Ahead: Trump And The Business Cycle



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

10 February 2017: ECRI's WLI Growth Index Moderately Declines

ECRI's WLI Growth Index which forecasts economic growth six months forward remains in positive territory for the 47th week - after spending the previous 35 consecutive weeks in negative territory. This is compared to RecessionAlerts similar weekly leading index. ECRI released their coincident and lagging indices this week and is discussed below.

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