Venture capitalists invest $56 billion in startups so far in 2016
http://www.reuters.com/article/us-venture-investments-idUSKCN126080
Wal-Mart gives tempered earnings forecast for next two years
http://www.reuters.com/article/us-walmart-outlook-idUSKCN12615F
Required Reading
Wal-Mart gives tempered earnings forecast for next two years Senior member of Britain’s UKIP in hospital after ‘altercation’ at party meeting Outgoing Ban Ki-moon says likely successor Guterres is ‘super choice’ Amid South China Sea uncertainty, Indonesia stages a show of force Shanghai Electric among Chinese firms targeting Fiat’s Comau: sources Fighting fires: Samsung struggles…
Listen to Thursday’s Investor’s Edge Radio Show: 10/06/2016
Investor’s Edge: 10/06/2016 Listen to today’s show by clicking here. https://archives.warpradio.com/btr/investorsedge/100518.mp3
Watch this interview with the architect of Obamacare and vomit!
Another limousine liberal that does not understand economics and markets yet was empowered to change the healthcare system for the worse! SOURCE: http://nation.foxnews.com/2016/10/05/megyn-kelly-confronts-obamacare-architect-about-rising-premiums-fiery-exchange
The Closing Look
Stocks rallied on Wednesday as investors digested the latest round of economic data. Before the open, the composite Mortgage Application index rose 2.9% vs the prior reading of -0.7%. Mortgage rates fell to the lowest level since July and the average interest rate on a 30-year fixed rate conforming loan is 3.62%. The ADP Employment…
The Morning Look
Market Update: Stock futures are slighter lower ahead of Thursday’s open as the market has to deal with Tuesday’s sell-off and then Wednesday’s rally and wait for Friday’s always fun (and fake) jobs report. Gary’s Thoughts: Weather already hitting. We suspect in our area 75-90 mph winds later tonight. Keeping fingers crossed. One note: TWTR down…
The Glow of QE Is Fading and Some Major Central Banks Want a Way Out
http://www.bloomberg.com/news/articles/2016-10-05/central-bankers-on-qe-highway-worry-about-running-out-of-road
Twitter, Facebook’s Election Watershed Moment @FoxBusiness
http://www.foxbusiness.com/politics/2016/10/05/twitter-facebooks-election-watershed-moment.html