Fed cautious on rates due to Brexit, U.S. hiring slowdown: Yellen
http://www.reuters.com/article/us-usa-fed-yellen-idUSKCN0Z71TA
http://www.reuters.com/article/us-usa-fed-yellen-idUSKCN0Z71TA
http://www.reuters.com/article/us-venezuela-usa-oil-idUSKCN0Z72PO?il=0
Senate Republican leader says plans vote on compromise gun bill Commentary: The real reason Congress can’t change gun laws Hedge fund executive in apparent suicide after insider trading charges: police Warren, Kaine, Castro on Clinton running-mate short list: AP New U.S. rules on small low-altitude commercial drones
Investor’s Edge: 06/21/2016
By Gary Kaltbaum- June 21,2016 We have been talking and writing about the sickening Fed policy that for years, has completely ripped off savers, completely destroyed the riskless income investment, completely forcing these saved dollars into risky income investments and for that matter, into the markets. This morning, Mrs. Bubble was asked by Rep Jeb…
Market Update: Futures are higher ahead of Tuesday’s open as investors digest Monday’s strong rally. Janet Yellen will testify to Congress on Tuesday and Wednesday and the Brexit vote is Thursday. Gary’s Thoughts: Smaller gap to upside this morning. We hear it is all bout the Brexit. A poll of 50 people says… We have no…
Stocks opened higher on Monday after the latest Brexit poll came out over the weekend and hinted they will stay. But sellers showed up by the close and stocks ended well off their highs. The British Pound (FXB) gapped up on the news. JD.Com ($JD) rallied after Wal-Mart ($WMT) said it would sell its online business to…
Highlights: 1. Market wrap 2. Gary breaks down Monday’s big gap up for you 3. Find out what is on Gary’s radar and what you should be watching