Early Bird Headlines 18 April 2015
Econintersect: Here are some of the headlines we found to help you start your day. For more headlines see our afternoon feature for GEI members, What We Read Today, which has many more headlines and a number of article discussions to keep you abreast of what we have found interesting.
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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Written by Steven Hansen
According to Merriam-Webster, something "transient" lastsonly a short time. The Federal Reserve"s statements since January 2012 have implied that the dynamics causing the low inflation / deflation were transient in nature - and medium or long term outlook was at their 2% target. Is over 3 years of low inflation a transient and short term dynamic?
Read more >>
Infographic Of The Day: Living On Uranus' Moon Titania
Titania, an airless moon of Uranus, is cold and its day is 84 years long.
FOREX NEWS by DailyForex
Ask any consumer if they are worried about falling prices and they will give you a bemused smile and say “no”. In the experience of most of us, falling prices are only ever a transient effect, a pleasant and fleeting surprise.
Today’s March consumer price index is more important than usual since it is one piece of data that traders say could change their assumptions on Fed policy.
Over the past 18 months, the Australian Dollar has been under significant pressure, at one point striking a 6-year trough as growth prospects diminished.
Even the Greek government accepts that without help from its Eurozone partners, it will be unable to meet all of its obligations.
European Central Bank (ECB) chief Mario Draghi dismissed fears of a Greek default at his regular press conference in Frankfurt on Wednesday, after the central bank announced that it was keeping interest rates steady.
by Matt Nesvisky, NBER Digest
Appeared National Bureau of Economic Research Digest, 15 April 2015
The greater the changes required by new technologies, the author reasons, the more growth may slow in the short run, but once adaptation occurs growth should accelerate.
Quarterly Review and Outlook, First Quarter 2015
by Van R. Hoisington and Lacy H. Hunt, Hoisington Asset Management
Over the more than two thousand years of economic history, a clear record emerges regarding the relationship between the level of indebtedness of a nation and its resultant pace of economic activity.
17Apr2015 Market Update: Averages Open Lower And Continue To Trend Downward After U. Of Michigan Rep
17Apr2015 Pre-Market Commentary: U.S. Market Futures Dow Half Percent, Averages Expected To Open Low
ECRI"s WLI Growth Index continues to improve but has remained in negative territory for 26 weeks. According to ECRI, this index is forecasting slower economic growth in 1H2015 and now into 2H2015. ECRI also released their coincident index this week which is showing slower growth.