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What We Read Today 08 December 2016

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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.

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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Every day most of this column ("What We Read Today") is available only to GEI members.

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What We Read Today 07 December 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".).

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.

Read more ...




 more features, analysis, studies, and news published in the last week

Five Mysterious Space Diseases That Could Kill Astronauts Before They Get To Mars

These 5 mysterious space diseases and syndromes may blind, kill, or incapacitate astronauts before they even have a chance to land on Mars...

Infographic Of The Day: Job-Hopping

Does the idea of staying at the same job for 10 years make you cringe? You're not alone. If you are going to job-hop, put some thought into it.

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Video of the Day:

These 5 mysterious space diseases and syndromes may blind, kill, or incapacitate astronauts before they even have a chance to land on Mars...


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Current Weather Outlook

Written by

Global Warming takes a break at least for CONUS as cold is the forecast for the Northern Tier of CONUS (and points North). It first looked like this would be a meridional pattern bringing record cold down to the Southwest but the Jet Stream turned zonal in the nick of time. So the cold air is being distributed more equitably. Waiting for NOAA to walk back their incongruous La Nina Advisory...probably December 8.

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 more investing, markets, precious metals & forex

08Dec2016 Market Close: Wall Street Closes Higher, But Not Without Pause For Indicators That Spell CAUTION In Capital Letters



 more opinion

Italy Confronts The European Elite

Written by Dan Steinbock, Difference Group

The Rise of Anti-Establishment Italy

After the UK Brexit and the Trump triumph in the US, the rise of anti-establishment Italy is hardly a surprise. It is the effect of half a decade of failed austerity doctrines in Europe and decades of failed political consolidation in Italy - ever since the notorious Tangentopoli scandals.

road.runner.cliff

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

03 December 2016 Initial Unemployment Claims Rolling Average Insignificantly Worsens

Weekly Initial Unemployment Claims

The market expectations for weekly initial unemployment claims (from Bloomberg / Econoday) were 250 K to 262 K (consensus 255,000), and the Department of Labor reported 258,000 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 251,500 (reported last week as 251,500) to 252,500. The rolling averages generally have been equal to or under 300,000 since August 2014.

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