FREE NEWSLETTER: Econintersect sends a nightly newsletter highlighting news events of the day, and providing a summary of new articles posted on the website. Econintersect will not sell or pass your email address to others per our privacy policy. You can cancel this subscription at any time by selecting the unsubscribing link in the footer of each email.

>> Click Here for Historical Wall Post Listing <<

What We Read Today 11 April 2015

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".).


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.

What Year Will Your Car Drive Itself? It’s Closer Than You Think (Wall Street Cheat Sheet)  Google may have gotten much of the publicity but many are working on the "driverless" car.  Delphi, the automotive parts and tech company, just finished a 3,400 mile cross-country driverless journey.  This article says self-driving cars will be ubiquitous within 25 years and start to be available to the public within only a few years.


Articles about events, conflicts and disease around the world



Click for larger view at
Snow boarder enjoys fresh powder on top of 4-6 foot base, Jay Peak, VT 09 April 2015.



  • Devaluation through wages in the euro zone: a lose-lose adjustment (ofce blog)  In fact there is a correlation between changes in wages and changes in GDP.  No cause and effect definitions have been attempted here directly but the authors do make the statement "… that compresses domestic demand and is not very effective in terms of competitiveness", which implies a possible relationship since they think that austerity drives economic compression.





  • Raul Castro Says Cuba Blockade Not Obama's Fault (Associated Press, Huffington Post)  In a stunning address to the Summit of the Americas, Cuban President Raul Castro apologized for letting his emotions get the best of him. He said many U.S. presidents were at fault for that troubled history - but that Obama isn't one of them.  He called the American president "an honest man".

Core profits outperform internal funds when explaining aggregated default expectations (John Lonski, Moody's Analytics)  While free cash flow is considered a better indicator of investment performance potential and sustainability of dividends than reported profits, Moody's has found that internal funds (cash flow) is not as reliable an indicator of default probability as is profit. Should we take a closer look at the reliability of cash flow for equity investment evaluation?

California's New Era of Heat Destroys All Previous Records (Tom Randall, Bloomberg)  Not only are recorded temperature records being broken but drought records inferred from tree rings going back more than 1,000 years are also broken.  There is a video in this article which describes just how much of the produce consumed in the U.S. has been grown in California.


These Will Be the World's 20 Largest Economies in 2030 (Jeanna Smialek, Bloomberg Business)  The G-7 will no longer contain France, Canada and Italy and Russia will be gone from G-8.  For the G-20, South Africa will replaced by Nigeria.  Of course there is no reason the G-7 and G-8 cannot be replaced by the G-10 and the G-20 could also be expanded.


Other Economics and Business Items of Note and Miscellanea

DB plan liabilities continue to outpace assets (Employee Benefit News)  Low interest rates from ZIRP are killing pension funds.

Generic Value (Benjamin Shepherd, Investing Daily)  Benjamin Shepherd has contributed to GEI.  The merger of H.J. Heinz and Kraft Foods (NASDAQ:KRFT) makes perfect business sense to Shepherd.  Distribution efficiencies for the two companies' iconic brands is a major factor.

Why Jeff Gundlach Is Very Scared of High-Grade Corporate Bonds (Bloomberg)  The bond guru says risk-reward looks terrible.

A New ETF Gunning To Beat The Stock Market With A Three-Pronged Strategy (Trang Ho, Forbes)  Trang Ho has contributed to GEI.  Complex and detailed management strategy for this new ETF to maintain positions based on quality, value and momentum.

Single black female BA seeks educated husband: Race, assortative mating and inequality (Brookings)  More than 2/3 of black women with a college degree stay single vs. 38% for white women.

Rolling Stone’s damaging journalism (The Washington Post)

Amazon Drones Could Deliver Packages for Just $1, Study Suggests (Bloomberg)

Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.

Econintersect Behind the Wall


Print this page or create a PDF file of this page
Print Friendly and PDF

The growing use of ad blocking software is creating a shortfall in covering our fixed expenses. Please consider a donation to Econintersect to allow continuing output of quality and balanced financial and economic news and analysis.

Take a look at what is going on inside of
Main Home
Analysis Blog
Slow Economic Growth Will Be Around For A Long Time
The Job Guarantee, Wage-Price Inflation And Alternative Solutions: Part 2
News Blog
Early Headlines: Asia Stocks And Dollar Up, Oil, Gold Steady, Obama Climate Policies Gone, US Oil Glut, Euro Surges, Shorts Remain, Trump Into Yemen?, Iran-Russia Deals, Cat 4 Cyclone Hits Oz, And More
March 27, 2017 Weather and Climate Report - Will the MJO Deliver a Nino?
The Most Reputable Companies Worldwide
Gut Bacteria Play A Role In Long-term Weight Gain
What We Read Today 27 March 2017 - Special Public Edition
Is Less More In The Smartphone Market
Average Gasoline Prices for Week Ending 27 March 2017 Statistically Unchanged - Again
What We Read Today 27 March 2017
Why New Jets Could Destroy Airlines
March 2017 Texas Manufacturing Survey Continues to Expand
Wage Growth After The Great Recession
Is OPEC Losing Its Ability To Influence Oil Prices?
Many Worry That The Great Recession And Mounting Student Debt Have Stunted Millennials' Financial Development
Investing Blog
The Dollar's Coming Impact On Markets
The Real 401k Plan Manager 27 March 2017
Opinion Blog
Macron May Lead But Le Pen Remains The Big Story
Is The 20th Century Still The 'Hayek Century'?
Precious Metals Blog
These Gold Stocks Will Produce Much Bigger Gains Than Gold Itself
Live Markets
27Mar2017 Market Close: US Dollar Falls Into The 98 Range, WTI Crude Slips Into The 47 Handle, Wall Street Generally Sour And Down
Amazon Books & More

.... and keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet
Asia / Pacific
Middle East / Africa
USA Government



Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved