Entries by Gary Kaltbaum

The Closing Look

Stocks finished well but nominally on Wednesday. Overnight, Moody’s Investors Service cut the outlook on China’s credit rating from stable to negative which bodes poorly for the global market. In the U.S. MBA Mortgage applications fell -4.8%, lower than the last reading of -4.3%. ADP, the country’s largest private payrolls company, said private employers added […]

Required Reading Of The Day

Supreme Court divided in high-stakes abortion case U.N. imposes harsh new sanctions on North Korea over its nuclear program Samarco to pay at least $5 billion in Brazil dam spill deal: source Huge quake strikes off Indonesia but tsunami warnings canceled Mexican drug lord Guzman seeks to speed up extradition to U.S.