Fmr. Shell President Sees Upside to Oil Glut @FoxBusiness
http://www.foxbusiness.com/markets/2016/04/06/fmr-shell-president-thank-goodness-for-oil-glut.html
Steve Case Tackles Inversions: Fix the Code and Reboot the Gov’t @FoxBusiness
http://www.foxbusiness.com/features/2016/04/06/steve-case-tackles-inversions-fix-code-and-reboot-govt.html
Three Pfizer Presidents Still Get $1 Million After Failed Deal
http://www.bloomberg.com/news/articles/2016-04-06/three-pfizer-presidents-still-get-1-million-after-failed-deal
China slashes top bankers’ salaries by 50%
http://www.reuters.com/video/2016/04/06/china-slashes-top-bankers-salaries-by?videoId=368009448&videoChannel=118169
Chernobyl – wilderness regained
https://widerimage.reuters.com/story/chernobyl-wilderness-regained
Required Reading
Fed debated April rate hike but caution reigned due to global fears: minutes Former U.S. coal CEO gets prison time for blast that killed 29 Country music star Merle Haggard dead at 79: AP quoting manager Facebook expands live video, challenging TV and web rivals
Listen To Tuesday’s Investor’s Edge Radio Show: Stoolander Edition 04/05/2016
Highlights: Market Wrap – In-Depth Look At Tax Inversions Gary’s The Voice Of Logic Where 1 +1 = 2 Find Out What Important Areas To Watch On Wall Street
The Morning Look
Stock Market Overview: Futures are up a little ahead of Wednesday’s open as stock markets across the globe fell on Tuesday, led by steep declines in Europe and Japan. Gary’s Thoughts: Watching oil prices up sharply this morning. Oils/energy been on rest/pullback past few weeks. Otherwise, refer to what we said last night. Massive earnings just ahead!…
The Closing Look
Stocks fell on Tuesday as global selling continued on sluggish global economic growth. Japanese and European stock markets fell after the IMF warned of a global economic slowdown. Overnight, India’s Central Bank joined the easy money party and lowered its key interest rate to 6.5%, from 6.75%. Meanwhile, Australia’s Central Bank held rates stead. In the…