Written by Gary US stocks advanced today (SPY +1.0%) with each of Wall Street’s major indexes ending the session up 1 percent or higher, boosted by solid earnings results and a rebound in technology stocks as U.S. bond yields pulled back. 
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by FEE, fee.org If Scandinavia Is Socialist, Then So Is the U.S. In yesterday’s column, I shared a humorous video mocking the everywhere-it’s-ever-been-tried global failure of socialism. 
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Written by John Lounsbury The history of how neanderthals and homo sapiens interacted, conflicted, and interbred is largely inferred, not proven. This lecture discusses the current state of knowledge and conjecture. 
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Written by Gary US major stock market indexes rallied today (SPY +0.8%), led by a surge in shares of Facebook. Traders are now focused on the latest run of earnings from major tech companies and easing US bond yields helping the sentiment on Wall Street. 
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Of the four regional manufacturing surveys released for April, 3 were in expansion and one was in contraction. Read more …
Autonomous cars use a variety of techniques to detect their surroundings, such as radar, laser light, GPS, and computer vision. Because no two automated-driving technologies are exactly alike, SAE International’s standard J3016 defines six levels of automation for automakers and policymakers to use to classify a system’s sophistication. The pivotal change occurs between Levels 2 and 3, when responsibility for monitoring the driving environment shifts from the driver to the system.
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Written by Steven Hansen The headlines say the durable goods new orders and backlog improved. Our analysis shows the rate of increase slowed for new orders.  .
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Written by Gary US stock index futures pointed to a strong open for the tech-heavy Nasdaq this morning (SPY +0.5%). The SP 500 and the DOW are also going to open higher as worries over US bond issues are set aside. 
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Hurricanes continue to impact claims taking procedures in the Virgin Islands and Puerto Rico. The market expectations for weekly initial unemployment claims (from Bloomberg / Econoday) were 225 K to 231 K (consensus 230,000), and the Department of Labor reported 209,000 new claims. The more important (because of the volatility in the weekly reported claims and seasonality errors in adjusting the data) 4 week moving average moved from 231,500 (reported last week as 231,250) to 229,250. The rolling averages generally have been equal to or under 300,000 since August 2014. Read more …
The year-over-year rate of growth relative to the previous month of the US Coincident Index was unchanged. A comparison of this US Coincident Index to other coincident indices follows. Read more …
 Written by Steven Hansen
Headline data for truck shipments was conflicted year-over-year. Read more …
Today’s infographic highlights the growing acceptance of cryptocurrency by retailers and a willingness for consumers to consider using it. 
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Written by Econintersect Early Bird Headlines 26 April 2018 Econintersect: Here are some of the headlines we found to help you start your day. For more headlines see our afternoon feature for GEI members, What We Read Today, published Monday, Wednesday and Friday, which has many more headlines and a number of article discussions to keep you abreast of what we have found interesting. 
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Written by John Lounsbury On 26 March in our column ‘What We Read Today‘ we reported on a post which posited that “religiosity kills”. At that time we wrote: Econintersect calls (possible) BS on this one. We will do some analysis and publish a note if we can remove the (possible) above.
This is the result of that investigation. 
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Written by Econintersect  Every day just after 6 pm New York time, Global Economic Intersection (GEI) members receive a free newsletter containing lede’s (opening paragraphs) of each article posted over the last 24 hours. along with each article’s caption graphic. In just a few minutes members can get caught up on anything of interest to them that has been published on the site. Becoming a member is very easy – the no-cost one-step process will be described shortly. But first keep reading for an even more important reason you should subscribe.
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by Philip Pilkington Fixing the Economists Article of the Week Readers of this blog will know that I am not generally very sympathetic to Austrian economics. There is one point on which the early Austrians did contribute an interesting idea to the world of economics: namely, their theory of capital. This does not mean that the Austrian theory of capital is valid – as I shall show in a moment it is deeply flawed – but there is an idea that can be salvaged from the wreckage that is Austrian capital theory. 
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Written by Jim Welsh Macro Tides Weekly Technical Review 23 April 2018 In the January issue of Macro Tides I discussed why the repatriation of overseas profits of U.S. companies would enable the Dollar to post a trading low in the first quarter and then rally:
“In order to bring non Dollar assets home, companies would first liquidate the investment, sell the currency they are denominated, and then purchase the Dollar with the proceeds.”
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Written by Dan Steinbock, Difference Group How Chaos Capitalists Short Countries Since the 1980s, a new generation of chaos capitalists have been undermining the progress of emerging economies. Under the pretext of “efficient markets,” they seek to exploit real or perceived weaknesses. 
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by Michael Robinson, Money Morning Money Morning Article of the Week When it comes to biotech, Wall Street tends to overreact. Though there’s no reason for it to be there, biotech is in the dog house, and investors have been conditioned to punish the sector and its stocks whenever the opportunity presents itself. 
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Written by Investing.com Staff, Investing.com Investing.com Technical Analysis (as of Wed, 25 April 2018 09:00 pm GMT)  Below, technical overviews and analysis for key stock indices, commodities and currency pairs, based on market activity after the close of the 25 April U.S. session. This information is a comprehensive summary derived from simple and exponential moving averages along with key technical indicators shown for specific time intervals.
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from The Conversation — this post authored by Stuart Thompson, University of Westminster Plants have become an unlikely subject of political debate. Many projections suggest that burning fossil fuels and the resulting climate change will make it harder to grow enough food for everyone in the coming decades. But some groups opposed to limiting our emissions claim that higher levels of carbon dioxide (COâ‚‚) will boost plants’ photosynthesis and so increase food production. 
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from Statista.com — this post authored by Dyfed Loesche U.S. President Donald Trump has signed a presidential memorandum for sending National Guard troops on assignment to the border with Mexico to help the regular law enforcement agencies crack down on drugs trafficking, gang activities and illegal immigration. 
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