Early Bird Headlines 28 March 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".).
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.
Written by Steven Hansen
Here we are in THE Great Bull Market (although it is becoming a rough ride recently) which has for months been oblivious to an obvious slowing of the USA economy. The purported forward looking markets have divorced themselves from economic reality.
Read more >>
Infographic Of The Day: A Guide To Spanish Tapas
We all love to tuck into the varying and delicious tapas meal, but have you ever considered where these dishes come from in Spain?
FOREX NEWS by DailyForex
Asian stocks were mixed on Friday as rising tensions in the Middle East obscured the investment outlook, while the dollar rebounded.
It may be counter-intuitive to consumers, but economists and central bankers believe that a little inflation in an economy is a good thing.
The latest Markit composite Purchasing Managers’ Index (PMI) for the Eurozone suggests that business output in the 19 member bloc is growing at its fastest rate for almost four years.
A growing crisis in Yemen has fueled concerns that the Middle East is on the verge of becoming a powder keg for geopolitical tensions which has sent investors rushing to safe haven currencies like the Japanese Yen and the Swiss Franc.
Brent crude oil price surged $3 in Asian trading on Thursday after Saudi Arabia and its Gulf Arab allies began a military operation in Yemen. Asian importers, however, said they were not immediately worried about supply disruptions.
by Professor Yu Xiong, The Conversation
China"s leadership of a new global financial institution, the Asian Infrastructure Investment Bank (AIIB) is proving divisive. This month has seen a number of European countries apply to be founding members, including the UK, France and Germany, to the chagrin of the US. Now, however, the US is proposing that the bank work in a partnership with the development institutions where it takes the lead, such as the World Bank and Asian Development Bank.
by Charles Hugh Smith, Of Two Minds
History is rather unkind to blind faith in central banks, just as the rising U.S. dollar and stagnant sales are being very unkind to corporate profits.
27Mar2015 Market Close: U.S. Averages Ended Session With Fractional Gains On Low Volume While WTI Oi
27Mar2015 Market Update: Markets Start Afternoon Session In The Green, U.S. Dollar Off Highs, WTI Oi
27Mar2015 Pre-Market Commentary: Markets Expected To Open Lower, Oil Prices Falling, U.S. Dollar Res
from Sentier Research
According to new data derived from the monthly Current Population Survey (CPS), median annual household income in February 2015 was $54,510, not significantly different than the January 2015 median of $54,450. (The apparent month-to-month increase of $60 was not statistically significant.