Durable Goods New Orders Unchanged in August 2016


Written by Steven Hansen

The headlines say the durable goods new orders were statistically unchanged this month. The unadjusted three month rolling average declined this month and remains in contraction.


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What We Read Today 27 September 2016

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".).


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

90% Rally In Sugar Prices Since Late 2015

from Elliott Wave International

Imagine that the world's leading commodity markets were cars speeding down a two-lane highway. Who do you think is in the driver's seat controlling which direction prices go?

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Infographic Of The Day: Four Tips To Grow Wealth

There's no better time than now to start saving for the future.

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Video of the Day:

How to get people to exercise. There’s no lack of evidence proving how important exercise is for the body. But does that get you get out of the house and into the gym? This parody shows one way to get folks to get out and run.

video of day picture


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Current Weather Outlook

Written by

At this point we have a storm that appears to be headed towards Baja California today (Monday) and back towards Salt Lake City on Thursday. It made me think of the Camino Real or Royal Road of which there were at least a half dozen in Mexico. At any this very meridional trough for so early in the Fall may well dominate CONUS weather this week. Elsewhere, Typhoon Megi may pass North of the Philippines on the way to Taiwan and then possibly Hong Kong.  Next week we may have an interesting situation in the Gulf of Mexico. Lots to talk about. .


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28Sep2016 Pre-Market Commentary: Wall Street Flat Again This Morning, Crude Prices Rise, US Dollar Down And Prospects Are Dim To Cut Oil Output, GS Says Crude Prices Going Down No Matter What

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Trump Stumped In First Debate With Clinton - Will It Cost Him?

from The Conversation

-- this post authored by Adam Quinn, University of Birmingham

The big question going into the first debate of the presidential election was whether Donald Trump would decide to tone down the cartoonish, belligerent alpha male shtick that has carried him this far. The debate gave him an opportunity to present himself unfiltered to an audience predicted to rival that of a Super Bowl, and to reinvent himself as a calmer, more coherent candidate for the benefit of the unusually large number of undecided voters up for grabs.

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

September 2016 Conference Board Consumer Confidence Now At Highest Level Since the Great Recession

Written by Doug Short and Steven Hansen

The Conference Board Consumer Confidence Index which had increased in August, improved further in September. The Index now stands at 104.1 (1985=100), up from 101.8 in August. The market expected (from Bloomberg) this index to come in between 96.4 to 102.3 (consensus 98.8).

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