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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from the Congressional Budget Office
The Affordable Care Act (ACA), enacted in March 2010, made major changes to the U.S. health care and health insurance systems. At that time, CBO and the staff of the Joint Committee on Taxation (JCT) estimated the budgetary effects of the legislation to provide that information to the Congress and to update overall projections of the budget.
Infographic Of The Day: Why Tech Investors Love The SaaS Business Model
Investors love businesses that have a reputation for minting cash. And as far as tech companies go, the Software as a Service (SaaS) model is as good as it gets. It provides predictable, quantifiable, and fast-growing revenue for any company that can execute correctly - and everyone from venture capitalists (like Marc Andreessen) to asset managers (like Blackrock) love investing in companies with these traits.
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Written by Sig Silber
Is it good forecasting or Hopium? It is too soon to tell or even assess what the impacts might be. But we discuss the topic in a lot of detail and also take a look at the temperature and precipitation results from November. I started working on this article late last week when NOAA was focusing on possible fluctuations in the "Wave Number". As of today (Monday) it looks like the Pattern Change they were seeing in the model results was perhaps less dramatic than they thought late last week. But the Hawaiian High is returning to where it belongs and the Northern Tier is now forecast to be cooler and wetter than in recent forecasts.
from The Conversation
-- this post authored by Eleanor Spaventa, Durham University
There has been mixed reaction to the deal agreed between the EU and the UK on December 8 that broke the deadlock in Brexit talks. A key part of the agreement was on the rights of EU citizens living in the UK after Brexit. But while the deal gave clarity on some issues, it left some big questions unanswered for those who have taken advantage of EU free movement rules to live in the UK.
Written by Jeff Miller, A Dash of Insight
The economic calendar is loaded, especially with reports on housing. Despite this, the calendar and recent events will stimulate pundits to get out their crystal balls. I expect many to be asking:
Can the rally in stocks find fresh legs in 2018?
Picture via PinsDaddy.com
15Dec2017 Market Close: Stocks Rally On Positive Tax Change News; Oil Rally Continues To Fade And Go
by Jill Mislinski, Advisor Perspectives/dshort.com
The University of Michigan Preliminary Consumer Sentiment for December came in at 96.8, down 1.7 from the November Final reading of 98.5. Investing.com had forecast 99.2.