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24May2016 Pre-Market Commentary: Another Down Day?

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Written by Gary

European markets are up but Asian markets are down and at 11 week lows. Oil is down for the fifth day. The Fed hawks are still rattling the sabre for a federal funds rate increase. The dollar strengthened. So is it any surprise the markets are looking to open down?

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 more WWRT

What We Read Today 23 May 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".).

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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

Chapter 11 For Countries?

from the Philadelphia Fed

-- this post authored by Satyajit Chatterjee

Sovereign default risk has been growing, yet the world lacks an adequate mechanism for averting debt crises. It might be time to resurrect a plan modeled on the U.S. Bankruptcy Code.

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Infographic Of The Day: Craziest Cars Owned By Celebrities

We all know that celebrities love to flaunt their new cars. But these celebrities have taken it to a whole new level.

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Video of the Day:

What will humanity look like in 1000 years? Watch as we cover some cutting-edge innovations happening today. Thanks to the National Geographic Channel for sponsoring this video!


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 more investing, markets, precious metals & forex

Macro Tides Technical Review 23 May 2016



 more opinion

Who Are The "We"?

by Reverse Engineer, Doomstead Diner

Who is RESPONSIBLE for the mess?

When I cruise through the blogosphere reading of tales of woe in the environment, politics and economics, I often run across the sad conclusion from the authors how 'we' failed to change our carbon burning ways or elect the right leaders or correct the imbalances in our economic system.

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

Average Gasoline Prices for Week Ending 23 May 2016 Up Nearly 6 Cents

Average gasoline prices rose 5.8 cents per gallon nationwide this past week following the previous week's 2.0 cent rise.


Average prices by region and a breakdown by grade follow after "Read more....".

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