U.S. IPOs set to rebound after dismal 2016
http://www.reuters.com/article/us-usa-ipo-idUSKBN1432LT
The Closing Look
Stocks fell on Wednesday after the Fed raised rates for the second time in a decade. The Fed raised rates by a quarter point and raised their target to 0.5-0.75%. This was the first rate hike in a year and the second in a decade. The Fed said it wants to raise rates 3 times in…
Thursday Pre-Market Look: Stocks In The News Before The Open
Eli Lilly (LLY) — Eli Lilly reaffirmed its 2016 and 2017 guidance, adding it has the potential to launch 20 new products by 2023. Shares of the pharmaceutical company rose 4 percent in premarket trading. Zoetis (ZTS) — Analysts at Piper Jaffray resumed coverage of the animal health firm’s stock with an “overweight” rating and…
Ron Paul: Way Too Much Power for the Federal Reserve Chair to Have @FoxBusiness
http://www.foxbusiness.com/politics/2016/12/14/ron-paul-way-too-much-power-for-federal-reserve-chair-to-have.html
U.S. retail sales, industrial output data point to slowing growth
http://www.reuters.com/article/us-usa-economy-retail-idUSKBN1431LA
ECB ‘yardstick of predictability’ as elections in EU loom: policymaker Villeroy
http://www.reuters.com/article/us-ecb-policy-idUSKBN1432LV
The Morning Look
Market Update: Stock futures are flat to higher before Thursday’s open as investors digest the second Fed rate hike in a decade. Gary’s Thoughts: Rates continue to spike. Dollar continues to rise. Commodities starting to fall because of this. Financials barely budged yesterday as they continue to get the tailwind of expanding short vs long…
Ashley Madison owner to pay $1.66 million to settle FTC case
http://www.reuters.com/article/us-ashleymadison-cyber-settlement-idUSKBN14325X?il=0
Required Reading
Fed raises rates by quarter point, sees more increases Dovish tilt at Fed next year could meet hawkish Trump picks Wall Street Mostly Lower After Fed Raises Rates; Energy Weighs China installs weapons systems on artificial islands – U.S. think tank 9:07AM EST
Listen To Wednesday’s Investor’s Edge Radio Show: 12/14/2016
Listen To Wednesday’s Investor’s Edge Radio Show: 12/14/2016 Click Here: https://archives.warpradio.com/btr/investorsedge/121418.mp3