Stalling Or Falling?


from Lakshman Achuthan, Co-Founder and Chief Operations Officer of ECRI

One consequence of persistently low productivity growth is lower trend growth. As St. Louis Fed President James Bullard observed a couple months ago, echoing ECRI's long-held 'yo-yo years' thesis, this implies 'a higher probability of recession' (ICO Essentials, February 2016).

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What We Read Today 29 April 2016

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.

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 more features, analysis, studies, and news published in the last week

Looking For A Way Out Of Venezuela's Crisis


In Venezuela, there are more political moves afoot than the country's political impasse suggests. As Venezuela slouches toward a potentially catastrophic default on foreign debt and wider social unrest appears more and more likely, individuals in the ruling United Socialist Party of Venezuela (PSUV) are looking for a way out of the crisis, largely motivated by self-interest. After all, if the crisis in Venezuela continues unabated, the country's elites are sure to lose political status, and with it, the security it brings them.

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Infographic Of The Day: Travel Hacks And Tips

The hundreds of travel articles collected were analysed according to how widely they were shared. The most popular were then examined to create a holiday timeline with travellers favourite tips that can help you save money and make each stage of a holiday easier.

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Video of the Day:

In New York, a bill was just introduced that involves a new technology to help determine whether or not people involved in car crashes were on their phones at the time of the crash. The 'Textalyzer'. Like a breathalyzer, except instead of testing your breath for alcohol, it scans your phone to see if you were on it, at about the time of your crash. Knowing that the cops can tell whether or not you were on the phone, you will be less likely to BE on your phone while driving.

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 more investing, markets, precious metals & forex Weekly Wrap-Up 29 April 2016

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Libya's Collapse Into Chaos Is Not An Argument Against Intervention

from The Conversation

-- this post authored by Aidan Hehir, University of Westminster

Libya is mired in crisis - a 'shit show' according to President Obama. Many have declared that the 2011 intervention shouldn't have been launched , and that the Libya campaign is reason enough to put an end to the practice of 'humanitarian intervention'.

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Written by Staff,

U.S. stocks post slight losses as Dow, S&P end April flat for the month

U.S. stocks fell slightly on Friday, ending April with one of their worst weeks since early-February as a sell-off in the technology and health care sectors, as well as a wave of soft economic data weighed on the major indices.

The Dow Jones Industrial Average lost 57.12 or 0.32% to 17,773.64, while the S&P 500 Composite index fell 10.51 or 0.51% to 2,065.30, each closing lower despite a late rally in the final hour of the session. At session-lows, both indices moved into negative territory for the month before recovering to close the month fractionally higher. On the S&P 500, six of 10 sectors closed in the red.

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 USA economy at a glance (boxed items are updates in last 7 days)

22 April 2016: ECRI's WLI Growth Index Continues Its Relatively Rapid Advance In Positive Territory

ECRI's WLI Growth Index which forecasts economic growth six months forward advanced higher in positive territory for the fifth week - after spending the previous 34 consecutive weeks in negative territory.

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