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22May2017 Market Update: Triple Session Top Sends Major Indexes Back Down, WTI Slips From Its 51 Handle And Technology Shares Gain

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Written by Gary

Wall Street was higher in early afternoon trading, boosted by technology shares and as defense stocks rose after a multi-billion dollar arms deal between the United States and Saudi Arabia.

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What We Read Today 21 May 2017

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.

To become a GEI Member simply subscribe to our FREE daily newsletter.

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

A Growing Human-made Bubble In Space Could Be Great News For Our Future On This Planet

Humans aren't just changing the surface of Earth, we're also changing the space around us. We've created a bubble around Earth that NASA probes discovered. It's invisible to the naked eye but could prove incredibly useful in the near future for our way of life.

Infographic Of The Day: The Doomsday Vault Is A Backup Plan To Save The World's Most Vital Crops

You might have read recently of the deterioration of the Doomsday Vault due to warming temperatures in the Arctic. On a remote island that is just 800 miles (1,300 km) from the North Pole, the Norwegian government has built a failsafe in the freezing cold that protects thousands of the most vital crops from extinction. Officially called the Svalbard Global Seed Vault, it already holds close to a million samples of crops around the world, with each sample holding about 500 seeds.

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Video of the Day:

Humans aren't just changing the surface of Earth, we're also changing the space around us. We've created a bubble around Earth that NASA probes discovered. It's invisible to the naked eye but could prove incredibly useful in the near future for our way of life.


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Current Weather Outlook

Written by

NOAA issued their Seasonal Outlook on May 18 and JAMSTEC issued theirs at least a week earlier than NOAA.  There are significant differences in the two forecasts for the U.S. I also present the forecasts for the Rest of the World but cannot compare them to a NOAA forecast due to lack of data. I provide separate maps for Europe. It is very important to understand these forecasts and track the development of a possible El Nino as the differences are very significant for the U.S. Europe, Asia, Australia and may impact world events in the Middle East.

 weather.caption for Updates


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22May2017 Pre-Market Commentary: World Markets Mixed, USA Scheduled To Open Strong



 more opinion

Viewpoints: Is Saturated Fat Really The Killer It's Made Out To Be?

from The Conversation

-- this post authored by David Richmond Sullivan, University of Sydney and Yutang Wang, Federation University Australia

A recent editorial in the British Journal of Sports Medicine dismissed the widely held belief that a diet rich in saturated fats increases our risk of heart disease as 'just plain wrong'.

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

April 2017 CFNAI Super Index Moving Average Significantly Improved

Written by Steven Hansen

The economy's significantly improved based on the Chicago Fed National Activity Index (CFNAI) 3 month moving (3MA) average - and economic growth is well above the historical trend rate of growth.

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