EU President Tusk: Only Alternative to Hard Brexit Is No Brexit
http://www.bloomberg.com/news/articles/2016-10-13/eu-president-tusk-only-alternative-to-hard-brexit-is-no-brexit
Crisis-Era Fiscal Measures Are Winding Down, Here’s How Two Did
http://www.bloomberg.com/news/articles/2016-10-13/crisis-era-fiscal-measures-are-winding-down-here-s-how-two-did
Verizon to Close Call Centers in 5 States @FoxBusiness
http://www.foxbusiness.com/politics/2016/10/13/verizon-to-close-call-centers-in-5-states.html
Fed’s Harker Reveals to @FoxBusiness His Top Economic Concerns
http://www.foxbusiness.com/features/2016/10/13/philadelphia-fed-presidents-top-economic-concerns.html
Billionaires had a rough year in 2015 – relatively
http://www.reuters.com/article/us-life-billionaires-idUSKCN12D1IV
Old problems overshadow new era at Wells Fargo
http://www.reuters.com/article/us-wells-fargo-accounts-idUSKCN12D0BH
Disappointing China trade data spurs fears recovery may be faltering
http://www.reuters.com/article/us-china-economy-trade-idUSKCN12D088
U.S. jobless claims at 43-year low; import price deflation easing
http://www.reuters.com/article/us-usa-economy-jobless-idUSKCN12D1KL
Required Reading
U.S. military strikes Yemen Obama, aides expected to weigh Syria military options on Friday Thai King Bhumibol, world’s longest-reigning monarch, dies: palace ‘Greatest living poet’ Bob Dylan wins Nobel literature prize U.S. jobless claims at 43-year low; import price deflation easing NPLs at Italy’s four rescued banks rose by 386 million euros in first-half…
The Morning Look
Market Update: Stock futures are higher ahead of Friday’s as investors digest a volatile week and wait for three Fed heads, including Janet Yellen, to speak later today. Gary’s Thoughts: Failed breakout to upside and possibly a failed breakdown to the downside yesterday…which means major indices remain in range. We will know a lot more after…