Roberto Abraham Scaruffi

Sunday, 4 August 2013

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Articles posted on Saturday, 3 August 2013
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Trefis: Highlights Week Ending 02 August 2013

Written by Trefis
Below is a summary of the activity at Trefis during the past week that Trefis thought Econintersect readers would find interesting.
Trefis is a financial community structured around trends, forecasts and insights related to some of the most popular stocks in the US. It provides the unique feature of allowing the user to model future valuation based upon projected changes in components of each business. It also provides communication capabilities among members, including consensus of member analysis compared to Trefis staff analysis and blogging opportunities for members.

Click on graphic for larger image and go to Trefis interactive page.
Click "Read more..." to see our clickable table of contents and most covered companies of the week.



What We Read Today 03 August 2013

Econintersect: Click Read more >> below graphic to see today's list.

The top of today's reading list reports on another brand new interest rate manipulation scam by the world's largest banks which essentially amounts to stealing from the elderly, widows and orphans........ and the last article discusses why the most dishonest bankers are walking away with the most money.



Are Young Borrowers Bad Borrowers?

Econintersect: Young borrowers are the least experienced financially and, conventionally, thought to be most prone to financial mistakes. Is this actually true?



Truck Loses Control, Explodes on US Highway

Police in the US state of Indiana said a truck driver had a narrow escape after he was forced off the roadway in Decatur County. The tractor trailer rig was heading eastbound on highway I-74 when another vehicle drifted into his lane.



Infographic of the Day: Space Launch System: NASA's Giant Rocket Explained

NASA unveiled its new rocket for deep space exploration - the Space Launch System - on Sept. 14, 2011. The rocket will launch astronauts into space on NASA's Orion Multi-Purpose Crew Vehicle, and serve as the go-to booster for U.S. missions to explore asteroids and, eventually, Mars.



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France Cuts Military. Will Only Handle Excursions Less Than 10,000 Troops

French Defence Budget: Fewer Troops, Better Equipment
Written by Hilary Barnes
When the French government prepared a defence white paper in March, one of the kinder remarks was made by Jean-Sylvestre Mongrenier, Research Fellow at the Thomas More Institute, a Paris think tank, who said :
"This document announces another cut in France's military ambitions, thus jeopardising its political status, its effective power and its contribution to Europe."
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The Economy Hitting the Wall (or at Least Nudging It)

Earlier this week, we issued our Economic Forecast August 2013: Economy Slowing To a Crawl.
Read more >>



Is it Time for the Next Way?

by Dan Kervick, New Economic Perspectives
Posted 02 August 2013 at New Economic Perspectives
The 2008 financial crisis has been oozing slowly down the DC memory hole for some time now, as a series of destructive and economy-crushing budget battles has taken center stage in Washington. But the debate over outgoing Fed Chief Ben Bernanke's successor has reignited a lot of the pain and outrage that the 2008 debacle caused. That debate, and the President's obtuse support for Larry Summers, is also casting a very harsh light on the White House's basic competence, its seemingly dim grasp of the causes of the financial collapse, and its blase and corrupt attitudes toward the correct response to it.
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Gold Is Finally Ready to Launch

by Poly, Zentrader
Summary
Gold appears to have wakened from what has been a very challenging 10 month decline. Ever since last September's rally failed (bull trap) to take out the all-time high set back in 2011, it has literally been straight downhill for gold. But the signs of a trend change are everywhere now, and this is evident technically in the charts and within the changing composition of the Cycles. Be warned we are due a $50 pullback this week towards a Daily Cycle Low. However beyond that, all indications point to a substantial rally about to take hold. According to my Cycles analysis, we're looking at a 10 week gold rally back to the $1,520-50 region.



The New York Times Paywall Is Paying Off

by Felix Richter, Statista.com
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It's been a little more than two years since the New York Times Company introduced the controversial metered paywall for its online content. In the face of declining print revenues, the company felt it had no choice but to stop giving away its content for free.

Two years later, the New York Times and International Herald Tribune have 699,000 paying digital subscribers, which is remarkable given the reluctance of many people to pay for digital content. More importantly though, the paywall appears to work on a monetary level as well.