Fixing the Economists Article of the Week
by Philip Pilkington
Okay, so there's been a bit of a misunderstanding regarding my previous post on Catalan's misuse of data. Some of this is likely squirming but some may be due to my own presentation. So, let's run through this in order to be crystal clear.
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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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Written by John Lounsbury
Econintersect: This BBC documentary details U.S. foreknowledge of Japan's attack on Pearl Harbor. Much more evidence has come to light since the 1989 - when this film was put together. There is a lengthy review of what has been published about Pearl Harbor at Wikipedia: Pearl Harbor advance-knowledge conspiracy theory.
Infographic Of The Day: Are Work At Home Jobs An Opportunity Or A Scam?
Companies have been training people for real work-at-home careers for years.
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Why Has Labor's Share of GDP Declined for 40 Years?
by Charles Hugh Smith, Of Two Minds
This long-term erosion of earned income and household finances does not enable 'growth' that is based on rising spending and borrowing.
Investing.com Technical Analysis (as of Thu, 08 October 2015 05:00pm EST)
by Investing.com Staff, Investing.com
Below, technical overviews and analysis for key stock indices, commodities and currency pairs, based on market activity at the close of the 08 October 2015 U.S. session. This information is a comprehensive summary derived from simple and exponential moving averages along with key technical indicators shown for specific time intervals.
08Oct2015 Market Update: FOMC 2 PM Minutes Release Expected To See Some Fireworks And Heavy Volatili
17 September 2015 FOMC Meeting Minutes: The Deer In the Headlights - When To Raise the Federal Funds Rate.
The 17 September 2015 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 a significant amount of discussion when to raise the federal funds rate: The quote of these minutes was:
The last few paragraphs below discuss in detail the "deer in the headlights" situation of when to begin to raise the federal funds rate.