Written by Steven Hansen
Retail sales are running at record levels - this week November retail sales surged to around 6% annual growth.
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 Monday, Wednesday, and Friday in the late afternoon New York time. For early morning review of headlines see "The Early Bird" published Monday through Friday in the early am at GEI News (membership not required for access to "The Early Bird".).
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Written by John Lounsbury
Steve Keen proposes that a fundamental defect in economics starting with Adam Smith is the absence of energy as a required element of production.
Infographic Of The Day: Inventions That Were Discovered By Accident
One day in 1928, Sir Alexander Fleming returned to his lab in London after a two-week vacation to find that mold had developed on a contaminated staphylococcus culture plate.
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Written by Sig Silber
Is it good forecasting or Hopium? It is too soon to tell or even assess what the impacts might be. But we discuss the topic in a lot of detail and also take a look at the temperature and precipitation results from November. I started working on this article late last week when NOAA was focusing on possible fluctuations in the "Wave Number". As of today (Monday) it looks like the Pattern Change they were seeing in the model results was perhaps less dramatic than they thought late last week. But the Hawaiian High is returning to where it belongs and the Northern Tier is now forecast to be cooler and wetter than in recent forecasts.
from The Conversation
-- this post authored by Sascha Meinrath, Pennsylvania State University and Nathalia Foditsch, American University
The internet may be an international system of interconnecting networks sharing a rough global consensus about the technical details of communicating through them - but each country manages its own internet environment independently. As the U.S. debate about the role of government in overseeing and regulating the internet continues, it's worth looking at how other countries handle the issue.
Written by Jim Welsh
Macro Tides Technical Review 11 December 2017
With the end of the year less than 3 weeks away it worth thinking about how money managers, mutual funds, and hedge funds will want to show their clients how they were positioned on December 31.
15Dec2017 Market Close: Stocks Rally On Positive Tax Change News; Oil Rally Continues To Fade And Go
ECRI's WLI Growth Index which forecasts economic growth six months forward remains in expansion. This is compared to RecessionAlerts similar weekly leading index.