>> Click Here for Historical Wall Post Listing <<
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
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)
Econintersect Behind the Wall
|.... and keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet|
|Asia / Pacific|
|Middle East / Africa|
This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved