Mismanagement cost NY pension $3.8 bln over 8 years-regulator
http://www.reuters.com/article/us-new-york-pensions-idUSKBN12H210
Weak utilities demand restrains U.S. industrial production
http://www.reuters.com/article/us-usa-economy-idUSKBN12H1VL
Required Reading
Global stocks fall, bond yields retreat from four-month highs Deutsche Bank’s options to solve capital dilemma seen to be limited Lack of new blood casts doubt over Wells Fargo’s change plan Boston Fed’s Rosengren maps case for a dove’s rate hike Frankfurt, Paris expect to welcome bankers from London in 2017
The Closing Look
On Monday, stocks were mostly lower as investors digested the latest round of economic and earnings data. Before the open, Bank of America (BAC) reported earnings and beat estimates but the stock didn’t rally. Around mid-day, Fed Vice Chair Stanley Fischer warned investors that if rates stay low for a long time it could lead to a deeper…
Investor's Edge: 10/17/2016
Investor’s Edge: 10/17/2016
Investor's Edge: 10/17/2016
Investor’s Edge: 10/17/2016
But don’t worry…there is no bubble!
We love how the media describes the gargantuan printing of money, the gargantuan monetizing, the gargantuan creation of debt out of thin air. They describe it as assets. Let’s be clear. It is not an asset. It is a big, gargantuan ass that is causing major bubbles, major distortions and who knows what else. These…
THE FLIM FLAM ADMINISTRATION
“THE FLIM FLAM ADMINISTRATION!” By Gary Kaltbaum -10/16/2016 President, Kaltbaum Capital Management Fox News Business Contributor While everyone is talking about the election…whether it is the sleaze coming out of one side or the corrupt, influence peddling, criminal enterprise coming from the other side, we have news for you. There is something much more important that is…
Listen To Friday’s Investor’s Edge Radio Show: 10/14/2016
Listen To Friday’s Investor’s Edge Radio Show: 10/14/2016 Listen to the show by clicking here.