by Jeff Miller, A Dash of Insight
We have normal week for economic data, including the first estimate for Q3 GDP. There are also important earnings reports. Election stories have become even more intense. Meanwhile, the market has been pretty quiet. I expect financial media to be asking:
When will the trading range be broken?
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 Econintersect
Econintersect: Here is a day-by-day rundown of the global economic calendar events for the coming week and the important earnings announcements each day, as well. The presentation is by Merlin Rothfeld from Online Trading Academy and Power Trading Radio.
Video presentation follows the Read more >> jump
Infographic Of The Day: The Oil Market Is Bigger Than All Metal Markets Combined
Ever since the invention of the internal combustion engine, oil has been one of the most crucial commodities on Earth.
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Written by Sig Silber
On October 20, NOAA released their Seasonal Outlook. Last week, JAMSTEC, which is a Japanese Research Institute, issued their Outlook based on their October 1 forecast for ENSO. We compare the JAMSTEC temperature and precipitation forecast maps which are for the World with the NOAA temperature and precipitation forecast maps that cover only CONUS and Alaska. We do this primarily for educational purposes. Remember: these are forecasts not guarantees. But the differences between the NOAA and JAMSTEC forecasts are significant and mostly related to the differing perspectives on the strength and duration of this Cool ENSO Event.
by Charles Hugh Smith, Of Two Minds
A variety of forces will disrupt or obsolete existing modes of production and the social order.
Though no one can foretell the future, it is self-evident that the status quo - dependent as it is on cheap oil and fast-expanding debt - is unsustainable. So what will trigger the collapse of the status quo, and what lies beyond when the current arrangements break down? Can we predict how-when-where with any accuracy?
by Felix Richter, Statista.com
Following a slew of reports last week, AT&T has made it official.
24Oct2016 Market Close: Wall Street Closes Higher, Quietly On Low Volume, Crude Back Up, US Dollar T
24Oct2016 Market Update: Afternoon Markets Showing Weakness, WTI Crude Falls To The 49 Handle, US Do
24Oct2016 Pre-Market Commentary: Wall Street Moves Higher Ahead Of Corporate Earnings And Friday's G
Average gasoline prices fell 1.4 cents this past week following the previous week's 1.4 cents fall.