Venezuela’s Congress Moves to Challenge President, Supreme Court
http://www.bloomberg.com/news/articles/2016-10-23/venezuela-s-congress-moves-to-challenge-president-supreme-court
How China’s Dealmakers Pulled Off a $207 Billion Global Spree
http://www.bloomberg.com/news/articles/2016-10-23/china-s-art-of-the-deal-how-m-a-pariahs-became-global-players
Microsoft to increase UK prices of enterprise products, citing falling pound
http://www.reuters.com/article/us-microsoft-pound-idUSKCN12N0ZB
Japan flash October manufacturing PMI shows fastest expansion in nine months
http://www.reuters.com/article/us-japan-economy-pmi-idUSKCN12O018?il=0
Required Reading
Wells Fargo’s corporate responsibility chair resigns from private equity firm Microsoft to increase UK prices of enterprise products, citing falling pound UK PM to offer Scotland, Wales, North Ireland talks with Brexit minister Modi sees election danger in India’s ‘Dalit Queen’ Center-right opposition claims victory in Lithuania vote, to start coalition talks Suicide car bomb…
Notes on AT& T DEAL AND MARKETS
By Gary Kaltbaum October 24,2016 Thoughts on the AT&T/Time Warner deal as well as the other rumored or proposed deals: It’s all about EASY MONEY. It cannot happen without easy money. Easy money keeps rates low so borrowing costs stay low and easy money buoys stock prices so higher stock prices can be used as currency….
Listen To Friday’s Investor’s Edge Radio Show: 10/21/2016
Listen To Friday’s Investor’s Edge Radio Show: 10/21/2016 Listen to the show by clicking here. https://archives.warpradio.com/btr/investorsedge/102118.mp3
The Closing Look
Before Thursday’s open, the European Central Bank (ECB) did nothing at its latest meeting which disappointed some investors (who wanted more easy money). Economic data was mixed. Jobless claims came in at 260k, missing estimates for 250k. The Philly Fed Index came in at 9.7, beating estimates for 7.0. Existing home sales came in at…
The Morning Look
Market Update: Stock futures are down ahead of Friday’s open as investors digest a busy week of economic and earnings data. Gary’s Thoughts: Futures worsening as we get near open. MSFT big gap off of flat sales…go figure. MCD beats and rallies…been a terrible stock. Very interested to see if as usual, buyers stop any bleeding preventing indices from…
These Retailers Are Hiring Seasonal Holiday Workers in 2016 @FoxBusiness
http://www.foxbusiness.com/markets/2016/10/20/these-retailers-are-hiring-seasonal-holiday-workers-in-2016.html