And why are so many athletes broke?
They buy $400,000 cars! SOURCE: http://www.dailymail.co.uk/news/article-3114796/Patriots-star-Brandon-Spikes-s-400-000-Mercedes-Maybach-battered-abandoned-freeway-amid-hit-run-claims.html
Required Reading Of The Day
Bond-Market Game of Chicken With Fed Is More Dangerous Than Ever Bloomberg Deutsche Bank Roiled by Departure of Co-CEOs – WSJ Dow Theory Has Investors Skittish – WSJ Cybersecurity Stocks are in Vogue Amid Attacks -Fox Business OPEC: Goodbye to $100 Oil – Fox Business Behind the Rise of the New Housing Headwind – WSJ…
Still Less Than Thrilling!
By Gary Kaltbaum twitter@GaryKaltbaum Clinton, O’Malley, Sanders, Warren, the bond market (government, corporate and high yield), Reits, Utilities, Rails, Airlines, Truckers, Autos, Energy, Oil & Gas, Steel, Copper, Aluminum, Coal, Disk Drives, Food, Drugs, Beverages, Tobacco, Household Products, Housing, Retailers-(discounters, home improvement, drug stores, department stores, supermarkets), Emerging markets, Efa, Russia, Brazil, Taiwan (there are…
Red Capitalism On Steroids: Every Chinese Economic Indicator Falls… Stock Market Soars
Source: http://davidstockmanscontracorner.com/red-capitalism-on-steroids-every-chinese-economic-indicator-falling-beijing-herding-the-masses-into-berserk-stock-market/?utm_source=wysija&utm_medium=email&utm_campaign=Mailing+List+AM+Wednesday
More Keynesian Claptrap From The IMF——High Public Debt Doesn’t Matter
Source: http://davidstockmanscontracorner.com/more-keynesian-claptrap-from-the-imf-high-public-debt-doesnt-matter/?utm_source=wysija&utm_medium=email&utm_campaign=Mailing+List+AM+Wednesday
Investor’s Edge: 06/05/2015
Investor’s Edge: 06/05/2015
Good & Bad For The Week
Good U.S. employers added 280k new jobs in May, beating estimates for 220k Personal Income rose at 0.4%, beating estimates for 0.3% The ISM manufacturing index came in at 52.8, beating estimates for 51.8. The PMI manufacturing index came in at 54, beating estimates for 53.8 Auto sales rose to 14.2M, beating estimates for 13.6M. It…
If Global Cooling didn’t work for you…
SOURCE: http://dailycaller.com/2015/06/04/noaa-fiddles-with-climate-data-to-erase-the-15-year-global-warming-hiatus/
Charts Of The Day: The May Jobs Report in 6 Charts
Full Story: http://www.bloomberg.com/news/articles/2015-06-05/the-may-jobs-report-in-six-charts
A Closer Look At May’s Jobs Report
Source: http://blogs.wsj.com/moneybeat/2015/06/05/may-jobs-report-everything-you-need-to-know/