The Morning Look
Market Update:
Stock futures are a littler higher ahead of Friday’s open as the market continues the very strong post-brexit rally.
Gary’s Thoughts: Retail numbers just came out…pretty pretty good last month but of course, the big story is Nice, France…an iconic tourist destination where another scumbag uleashed hell on an iconic promenade. We will leave it at that for now. Will have big technical report over the weekend.
Economic Data:
- Consumer Price Index 8:30 AM ET
- Retail Sales 8:30 AM ET
- Empire State Mfg Survey 8:30 AM ET
- Industrial Production 9:15 AM ET
- Business Inventories 10:00 AM ET
- Consumer Sentiment 10:00 AM ET
- Baker-Hughes Rig Count 1:00 PM ET
- John Williams Speaks 1:00 PM ET
- Neel Kashkari Speaks 1:15 PM ET
Highlights:
- As Markets Reach New Highs, World’s Top Investors Ring Alarm
Gary’s Thoughts: Very weird. Normally, all the head honchos go with a bullish phase but theya re talking like it is 08. - Another horrific terror attack in France
Gary’s Thoughts: Prayers and thoughts!