Written by Gary
Today is MLK Holiday in the US and all markets are closed. The British pound tumbled to the lowest level since October's flash crash on Monday, European equities were lower in mid-morning trade, following a brief spike overnight (as China intervened in its equity market), crude prices slipped lower, testing towards a $51 handle.
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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from the St Louis Fed
It seems natural that capital would flow into countries with higher capital productivity and economic growth. A recent Economic Synopses essay, however, explores why capital doesn't always flow to the highest growth regions.
Infographic Of The Day: Chart: How Every Commodity Performed In 2016
It was an up and down year for commodities, but things ultimately finished in the black.
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Written by Sig Silber
We have now added more Worldwide weather current conditions and forecast maps. The goal is to be a Worldwide weather and climate resource and gradually integrate weather and climate with economics. Tonight the focus is on the high-intensity precipitation event in California which might be an example of a Pineapple Express.
by Dan Steinbock, Difference Group
Unlike advanced economies, China remains better positioned to overcome its debt challenges, due to the nature of is debt, level of development and economic fundamentals. Change is coming - but after next fall.
by Lance Roberts, Clarity FinancialExtremes Become The Norm
There have been a litany of articles written recently discussing how the stock market is set for a continued bull rally. While Trump was initially expected to be extremely bad for the market, post-election he somehow became extremely good for it.
13Jan2017 Market Update: Wall Street Fractionally Higher, WTI Crude Up, US Dollar Down And Some Anal
13Jan2017 Pre-Market Commentary: Wall Street Is Flat On The Green Side, Crude Price Down One Percent
Written by Steven Hansen
This month both imports and exports trend lines accelerated further into positive territory - and end the year on a positive note.