Roberto Abraham Scaruffi

Sunday 18 January 2015


What We Read Today 17 January 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.
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Activist Critical Of Police Undergoes Use Of Force Scenarios


How fast can you react? We've seen protests all across the country after police officers have been accused of shooting people who aren't armed. Jarrett Maupin, a vocal critic of police during recent protests, went through force training with local authorities



A Word from This Newsletter's Sponsor for 17 January 2015

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Government Workers at Multiyear Lows?? Really?

Written by Steven Hansen
Have you seen the label "Made in USA"? Supposedly this meansthe product is "all or virtually all" made in the United States. I have little faith in labels such as this - the USA supply chain has gone from vertical (where one company literally made every piece of the final product) to almost horizontal (where the manufacturer is an assembler of outsourced components).

Read more >>



Promise of Free Tuition at Community Colleges Won't Save Obama's Education Legacy

by Paul ThomasThe Conversation
Demonstrating again he is no lame-duck president, Barack Obama has proposed a new higher education initiative celebrated on social media as #FreeCommunityCollege.



Falling Oil Prices And International Bond Yields - A Bit Of A Surprise?

by Lakshman Achuthan, Co-Founder and Chief Operations Officer of ECRI
The two biggest surprises for the markets in 2014 - ; falling oil prices and international bond yields - are completely consistent with ECRI's cyclical call on global growth, and its prescient call on secular shifts in developed economies. Furthermore, when made, those forecasts were diametrically opposed to the consensus view.



What Federal Benefits Can Noncitizens Receive And What Taxes Do They Pay?

from the Congressional Budget Office
During the past two years, the Congress has considered proposals to modify the nation's immigration system. The Border Security, Economic Opportunity, and Immigration Modernization Act (S. 744), passed by the Senate in June 2013, addresses multiple facets of immigration policy, including changes to the existing visa system, improvements in border security and law enforcement, and changes to the status of people who currently live in the country without legal authorization.



Historical Echoes: The World of Bank Names, According to Andy Rooney

by Amy Farber - Liberty Street Economics, Federal Reserve Bank of New York
Did'ya ever notice how silly those Historical Echoes posts can get? Andy Rooney passed in November 2011 (see the New York Times obituary and the obituary from CBS), so he missed his chance to comment on theLiberty Street Economics blog (although here's a guy pretending to be Mr. Rooney talking about blogs). But while he was alive he sure had a lot of funny and insightful things to say on a lot of topics, including bank names.



Features And Some Potential Risks Of Structured Notes

from the Securities and Exchange Commission
The SEC's Office of Investor Education and Advocacy is issuing this Investor Bulletin to inform investors of features - ; and some potential risks - ; of structured notes. While structured notes may enable individual retail investors to participate in investment strategies that are not typically offered to them, these products can be very complex and have significant investment risks. Before investing in structured notes, you should understand how the notes work and carefully consider their risks.



Infographic of the Day: 34 Reasons Why Play Matters

To fly a kite, you need a strong breeze and plenty of room.





Investing.com Weekly Wrap-Up 16 January 2015

U.S. stocks higher at close of trade
by Investing.com Staff, Investing.com
investing.com-logo
U.S. stocks were higher after the close on Friday, as gains in theOil & Gas,Health Care and Basic Materials sectors led shares higher.
At the close in New York, theDow Jones Industrial Average rose 1.10%, while theS&P 500 index gained 1.34%, and theNASDAQ Composite index gained 1.39%.


Plunging Oil Prices - Good, Bad Or Indifferent For The US Economy?

by Michael Haltman
It's been well documented by politicians (claiming credit), market pundits (typically sell-side) as well as by your monthly credit card statement (national average for regular gas now $2.11/gallon) that falling crude oil prices have benefited the US consumer!



We Need New Antibiotics to Beat Superbugs, But Why are They so Hard to Find?

by Matthew CooperThe Conversation
We've heard a lot lately about superbugs - bacteria that are resistant to current antibiotics. But as the threat of superbugs continues to rise, the number of new treatments available has flatlined. This has placed us dangerously close to the edge of a return to the pre-antibiotic era, when even simple infections caused death.



Cristiano Ronaldo Wins His Third Ballon d'Or

from Felix Richter, Statista.com
by Niall McCarthy
Cristiano Ronaldo is inching towards Lionel Messi's record of four Ballon d'Or awards.