>> 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.
The rest of this post is available only the GEI Members. Membership is FREE - click here.
Articles about events, conflicts and disease around the world
Weekly Market Outlook (Moody's Analytics) U.S. corporate and financial institution credit instruments have been getting rapid improvemnt so far in 2015.
King dollar has cost S&P 500 companies $244 billion of balance sheet pain (Sam Ro, Business Insider) The strong dollar is one of the biggest stories in the global financial markets right now. At 97.47, the US dollar index is up over 19% from a year ago. This has been costly for U.S. exporters and the net effect on U.S. corporations in the first quarter of 2015 amounted to nearly a quarter of a trillion dollars.
The Worst Mutual Fund in the World (Fund Reference) This article doesn't actually name the worst mutual fund. But it does a good job of discussing how management fees and expenses diminish realized investment returns over a lifetime of investing. The author discusses S&P 500 index funds which have fees ranging from 0.07% annually all the way up to 1.44%. An example of the cost impact of 0.60% fees (expense ratios) vs. 0.10% for $6,000 a year invested in two S&P 500 funds totals about $115,000 over the 31 years graphed (see graph below). Econintersect estimates that the highest expense ratio listed in this article would have cost nearly a quarter of a million dollars for an S&P 500 index investor.
Other Economics and Business Items of Note and Miscellanea
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