from the Shah Gilani, Money Morning
Money Morning Article of the Week
'The first thing you need to know about Goldman Sachs is that it's everywhere. The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.'
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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by Eric Tymoigne, New Economic Perspectives
Throughout this series, posts have used balance sheets extensively to get an understanding of the monetary operations of developed economies, but nothing has been said about what a monetary instrument is. It is time to spend some time on the nature of monetary instruments and the inner workings of monetary systems.
Read more >>
Infographic Of The Day: What Is Hiding In Your Carpet?
Your carpet might look clean, and you might not notice an odor coming from it, but that does not mean that it is really clean inside.
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from William K. Black, New Economic Perspectives
John Cochrane is a theoclassical economist. I struggle to explain to readers how radical theoclassical economics has become. The more their anti-regulatory policies prove disastrous the more extreme their policies become.
Written by Investing.com Staff, Investing.com
Investing.com Technical Analysis (as of Tue, 31 May 2016 05:00pm EST)
Below, technical overviews and analysis for key stock indices, commodities and currency pairs, based on market activity at the close of the 31 May U.S. session. This information is a comprehensive summary derived from simple and exponential moving averages along with key technical indicators shown for specific time intervals.
31May2016 Market Close: Wall Street Mixed, Small Caps Gain, WTI Crude Falls Sharply On Rumors, SP500
31May2016 Market Update: US Averages Slide Into Negative Territory, Crude Tests $50 As The US Dollar
31May2016 Pre-Market Commentary: US Futures Higher, WTI Crude And The US Dollar Volatile Ahead Of Ke
Average gasoline prices rose 3.7 cents per gallon nationwide this past week following the previous week's 5.8 cent rise.