Obama nominates Garland to Supreme Court Fed holds steady, rate-setters now see two hikes this year Next week’s Republican debate canceled: local media U.S. data points to firming economy, inflation Senate advances bill to aid drug-dependent newborns
At 2pm, the Fed decided to leave rates steady and market participants lowered the odds to two rate hikes this year. Gary’s Thoughts: Make that NO rate hikes this year. Europe adds printing, China adds printing. Japan adds printing. Countries are buying up stock markets and all that has happened is the market is recovering some….
Stock futures are relatively quiet as the world waits for the Fed meeting and press conference later today. Gary’s Thoughts: Into the fed, just watch oils and financials. Both have set-ups to break out of. If they can go topside, there will be more upside. Remember, Japan printing 700 bil/year…Europe 1 trillion, China…over 1 tril,…
Highlights From Tuesday’s Show: Gary covers the political scene for you Gary Breaks Down The Valeant ($VRX) Crash For You Gary tells you about Chipotle’s ($CMG) latest food problem Gary tells you where the big money is parking their money
http://www.foxbusiness.com/markets/2016/03/15/fed-seen-standing-firm-on-rates-until-june.html
http://www.foxbusiness.com/markets/2016/03/15/retail-sales-dip-in-february-january-revised-sharply-lower.html
http://www.foxbusiness.com/markets/2016/03/15/lockheed-ceo-no-regrets-about-sikorsky-buy-despite-oil-price-drop.html
http://www.foxbusiness.com/markets/2016/03/15/home-builder-sentiment-holds-steady-in-march.html
http://www.foxbusiness.com/markets/2016/03/15/obama-administration-will-not-open-atlantic-coast-to-drilling.html
