Five Myths of Investing
X-Factor Report 31 May 2015
by Lance Roberts, StreetTalk Live
I am going to take a little detour this weekend from the usual macroeconomic/market analysis to dispel a few "Wall Street" myths about long-term investing.
02Jun2015 Market Close: The Markets Getting Ready For A Crash?
Written by Gary
U.S. stocks turned higher today, reversing their morning declines, when bond markets and the U.S. dollar sold off sharply. Greece's debt standoff continued as oil prices rose to the highest level of the year and expectations of a fifth straight weekly decline in U.S. crude supplies. Lower highs and lower lows has been the markets trend for the last 7 sessions alarming some savoy investors and analysts of an imminent downturn.
What We Read Today 02 June 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.
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".).
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02Jun2015 Market Update: Markets Recover From Morning Doldrums, Further Losses Expected
Written by Gary
U.S. stocks were lower in late morning trading, paring some of their losses earlier in the session, as weak factory orders data and bearish comments from a Federal Reserve board member allayed fears of a rate hike coming sooner rather than later.
Driven by no immediate fundamental or news catalyst, the U.S. Dollar crashed.
How Does The Financial System Work
An easy to understand video of how the financial system works.
April 2015 Manufacturing Looks Ugly. Manufacturing Is Struggling.
Written by Steven Hansen
US Census says manufacturing new orders declined. Our analysis agrees. Unfilled orders are significantly shrinking (year-over-year). However, since this industry is in deflation, the inflation adjusted new orders are better looking - but still the data is contracting year-over-year.
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02Jun2015 Pre-Market Commentary: U.S. Futures Slip As Over Than 86% Of Investors Are Neutral Or Bearish
Written by Gary
U.S. futures lower this morning and volatile, tracking European markets, as uncertainty lingered regarding the outcome of Greece's negotiations with creditors.
Markets are expected to open lower on an increasingly bearish outlook.
April 2015 CoreLogic Home Prices Year-over-Year Growth Rate Now 6.8%. Home Price Growth Continues to Accelerating.
Econintersect: CoreLogic's Home Price Index (HPI) shows that home prices in the USA are up 6.8% year-over-year year-over-year (reported up 2.7% month-over-month). There is considerable backward revision in this index which makes monthly reporting problematic. CoreLogic HPI is used in the Federal Reserves's Flow of Funds to calculate the values of residential real estate.
Macroprudential Policy In A Microprudential World
by John C. Williams, President of the Federal Reserve Bank of San Francisco
Events of the past decade have refocused attention on the potential contributions of monetary policy and macroprudential approaches to fostering financial stability. However, monetary policy is poorly suited for dealing with financial stability concerns. Instead, given the scarcity of explicit macroprudential tools in the United States, microprudential regulations and supervision are used to achieve macroprudential goals.
The Bulls Have Left Blogger Sentiment Entering June 2015
Econintersect: The latest Blogger Sentiment Poll released 01 June 2015 by Ticker Sense shows bloggers are neutral or bearish in their view of the markets - and continues the divided to negative outlook from bloggers seen in 2015.
Stratfor: Accounting For Inertia In Geopolitical Forecasting
by Rodger Baker
Geopolitics, at least in the sense that we practice, is neither deterministic in its approach to understanding nations and their interactions nor simply synonymous with current events or international relations. At its most basic, geopolitics as a discipline seeks to explain the intersection between place and people, or more specifically between place and the nation, and the impact they have on one another. Practitioners assess geography, politics, economics, security, history and society inclusively to build a deeper understanding of nations, sub-nations, regions and the world.
01 June 2015 Weather and Climate: NOAA Issues June Update - A Bit Warmer and Wetter.
Written by Sig Silber
The NOAA June update contained some tweaking of the outlook but no major changes. We are at a time when, to a large extent, the next four months are pretty much high-probability events and fairly easy to forecast as being relatively wetter and warmer than usual for this time of the year in the U.S.. The real question has to do with the duration and to some extent the intensity of the current Warm Event.
Early Headlines: Climate Change Will Disrupt Marine Life, New Record U.S. M&A Volume, Snowden Getting Some Credit on Capitol Hill, Emergency Summit on Greece, China Cruise Boat Capsizes and More
Early Bird Headlines 02 June 2015
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, which has many more headlines and a number of article discussions to keep you abreast of what we have found interesting.
Protests Soar Amid Unmet Expectations in South Africa
by Sethulego Matebesi, The Conversation
It is ironic that South Africa, which only a few years ago was hailed for peacefully overcoming centuries of repression, conflict, bitterness and division, is today the protest capital of the world.
Congress to Consider Scaling Down Group Homes for Troubled Children
Special Report from ProPublica
by Joaquin Sapien, www.propublica.org
When 17-year-old Lexie Gruber first entered the Allison Gill Lodge group home for girls in Manchester, Connecticut, she said it felt less like a home than a business. Instead of family photos, the walls were covered in informational posters and licensing certificates. When her emotions got the better of her, she said, the only conversations she had were with a doctor with a prescription pad at the ready.
U.S. Oil Production Sets New Modern Record
by EconMatters, EconMatters.com
EIA Report
I looked over the weekly Petroleum Inventory Report put out by the EIA today, and the biggest takeaway by far was that U.S. oil production set a new modern era high at 9.566 Million Barrels per day.
Found: Our 3 Million-Year-Old Forebear Who Lived Alongside 'Lucy'
by John McNabb, The Conversation
They call it Australopithecus deyiremeda. The name comes from a language spoken in the Afar region of Ethiopia and means "close relative". This is a brand new and previously unsuspected species - discovered in Ethiopia - that lived at the same time as one of our potential ancestors: "Lucy" (A. afarensis).
The Week Ahead: Will Employment Numbers Carry the Economy?
by Jeff Miller, A Dash of Insight
This week's economic calendar is loaded with important data, featuring the employment situation report on Friday. The jobs story has been the most encouraging economic theme, with a recent assist from housing.
Especially in the context of the negative Q1 GDP report, next week's theme will be:
Will strong employment gains signal a second half economic rebound?
Earnings and Economic Reports: Week Starting 01 June 2015
Written by Merlin Rothfeld, Online Trading Academy
Econintersect: Here is a day-by-day rundown of the global economic calendar events for the coming week and the important earnings announcements each day, as well.
Video presentation follows the Read more >> jump.
Merlin Rothfeld
Gasoline Prices for Week Ending 01 June 2015 Almost Unchanged
Econintersect: Average gasoline prices rose 0.6 cents per gallon nationwide this past week following the previous week's 3.0 cent rise.
Average prices by region and a breakdown by grade follow after "Read more....".
B2B Marketers Choose LinkedIn Over Facebook
by Felix Richter, Statista.com
According to the Social Media Examiner's latest report on social media marketing, Facebook is still the most commonly used platform among both B2B and B2C marketers.
Infographic Of The Day: 10 Reasons To Sell In China Through Alibaba And Tmall
Did you know that Jack Ma founded Alibaba with 18 other people in 1999. Mr. Ma was an English teacher prior to forming Alibaba.
