Written by Gary
US stock future indexes are fractionally in the red (SPY -0.1%) and markets are set to open flat. Fed fund futures have taken a rate hike back off the table for this year after the Federal Reserve and the reporting season thus far has been better-than-expected in general. WTI crude remains lower in the high 41's.
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".).
BECOME A GEI MEMBER - IT's FREE!
Every day most of this column ("What We Read Today") is available only to GEI members.
To become a GEI Member simply subscribe to our FREE daily newsletter.
-- this post authored by Scott Stewart
On July 24 in Ansbach, Germany, a 27-year-old refugee from Syria detonated a bomb concealed in his backpack, injuring several bystanders and killing himself. His intended target appears to have been a nearby music festival, but he didn't have a ticket and was denied entry. Instead he detonated his device outside a bar near the festival. The attack was the first suicide bombing in Germany, albeit a poorly executed one.
Infographic Of The Day: Interesting Facts About The Bathroom
With over 10 years experience we are certainly in a good position to advise on what's hot and what's not in the world of restroom design.
This widget provided by DailyForex.com Forex News & Brokers
by Ellen Brown, Web of Debt
Japan's 'Helicopter Money' Play: Road to Hyperinflation or Cure for Debt Deflation?
Fifteen years after embarking on its largely ineffective quantitative easing program, Japan appears poised to try the form recommended by Ben Bernanke in his notorious 'helicopter money' speech in 2002. The Japanese test case could finally resolve a longstanding dispute between monetarists and money reformers over the economic effects of government-issued money.
by Richard Stavros
Investing Daily Article of the Week
The notion that demographics is destiny doesn't just apply to geopolitics, it also has bearing on the utility sector.
27Jul2016 Market Close: Markets Closed Mixed, DOW Down $1.58, SP500 Down -0.1%, Leaving Investors Wo
27Jul2016 Pre-Market Commentary: Apple Up 7%, Wall Street Expected To Open In The Green, Durable Goo
26Jul2016 Market Close: US Markets Close Flat And Lifeless, Crude Prices Low But Steady, Fed Announc
23 July 2016 Initial Unemployment Claims: Rolling Averages Improves. 73 Consecutive Weeks of Initial Claims Below 300,000.
Weekly Initial Unemployment Claims
The market expectations for weekly initial unemployment claims (from Bloomberg) were 260,000 to 265,000 (consensus 264,000), and the Department of Labor reported 266,000 new claims. The more important (because of the volatility in the weekly reported claims and seasonality errors in adjusting the data) 4 week moving average moved from 257,500 (reported last week as 257,750) to 256,500. The rolling averages generally have been equal to or under 300,000 since August 2014.