EU/IMF rift on Greek debt is hurting country: Tsipras
http://www.reuters.com/article/us-eurozone-greece-tsipras-idUSKCN11H0CQ
Germany’s EU budget bill may rise by 4.5 billion euros after Brexit: report
http://www.reuters.com/article/us-britain-eu-germany-idUSKCN11G0I9
British businesses ‘lazy and fat’, pro-Brexit trade minister says
http://www.reuters.com/article/us-britain-eu-trade-idUSKCN11G0DR
Required Reading
Bridge to nowhere shows China’s failed efforts to engage North Korea Iran welcomes Syria deal, urges political solution Syrian rebels welcome truce but warn of need for oversight With eye on West, Belarus votes in slightly freer election Drones keep watch as pilgrims ascend Mount Arafat for haj climax North Korea says sanctions push after…
OOOPSY GOES THE MARKET
“OOOPSY!” By Gary Kaltbaum September 11,2016 Our overall central bank theme remains the same. For longer than we can count, we believe every asset price, every data point and every economic statistic is off of the easiest monetary policy in the history of time…and to the trillionth power. We believe central banks can never roll…
Clintons-Capitalists with their money…socialists with your money!
SOURCE: http://heatst.com/politics/penn-state-chelsea-clinton/
The Closing Look
Before Thursday’s open, the ECB held their latest meeting and did not increase or extend QE and held rates steady. Initially, that disappointed some investors who wanted more easy money from the ECB. Mario Draghi, head of the ECB, said the European central bank did not discuss an extension of QE but did say the program will…
The Morning Look
Market Update: Stock futures are nicely lower ahead of Friday’s open as the market continues trading in a relatively tight range just below record highs. Gary’s Thoughts: Yuck open. We shall see what comes of it. Remember, tight range, low volatility and a lot of bullishness. One other note…Apple will not give out numbers on…
Apple Won’t Announce iPhone 7 Opening Weekend Sales Numbers
http://www.bloomberg.com/news/articles/2016-09-08/apple-won-t-announce-iphone-7-opening-weekend-sales-numbers