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The Morning Look

ByGary Kaltbaum

Market Update:

Stock futures are a little higher ahead of Wednesday’s open as investors digest a volatile three day’s on Wall Street.

Gary’s Thoughts: About .3% higher this morning. Another body blow yesterday.

Economic Data:

  • Bank Reserve Settlement
  • Market Focus
  • MBA Mortgage Applications 7:00 AM ET
  • Import and Export Prices 8:30 AM ET
  • EIA Petroleum Status Report 10:30 AM ET

Highlights:

  • IEA Slashes Outlook For Oil Prices In 2017
    Gary’s Thoughts: After the drop!
  • Elliott’s Singer Says Sell Long-Term Bonds, Sees Inflation Risk
    Gary’s Thoughts: We don’t know about selling. We would not be buying. No value, all risk!