U.S. inflation tame as economy gains momentum
http://www.reuters.com/article/us-usa-economy-idUSKCN10R18W
U.S. senators quiz airlines on IT systems after Delta disruption
http://www.reuters.com/article/us-usa-airlines-idUSKCN10R1QR?il=0
Required Reading
Two Fed rate hikes ‘conceivable’ in 2016, September in play: Lockhart Russia uses Iran as base to bomb Syrian militants for first time Russia says Lavrov and Kerry discussed Syria deal on phone Ford plans self-driving car for ride share fleets in 2021 Exclusive: U.S. seeks Latin American help amid rise in Asian, African migrants
The Closing Look
On Monday, stocks rallied along side oil prices on hopes of a possible supply cut. On Monday, Russian Energy Minister Alexander Novak told a Saudi newspaper that his country was consulting with Saudi Arabia and other large oil producers to take measures to stabilize oil prices. In the U.S., the Empire State Manufacturing Survey fell to negative…
The Morning Look
Market Update: Stock futures are lower ahead of Tuesday’s open as the market pauses to digest the recent and strong post brexit rally. Gary’s Thoughts: Watch gold in here…6 weeks tight range above 50 day. A breakout will be just that. Oh my goodness, futures are down. Wesuggest we saw some froth past few days…a deserved…
Alphabet CEO Larry Page Needs Adult Supervision @FoxBusiness
http://www.foxbusiness.com/features/2016/08/15/alphabet-ceo-larry-page-needs-adult-supervision.html
Hillary & Bill Clinton’s Bottom Line Boosted by Big Business @FoxBusiness
http://www.foxbusiness.com/politics/2016/08/15/hillary-bill-clintons-bottom-line-boosted-by-big-business.html
IMF Wants Japan to Boost Wages Using Nixon Strategy in Reverse
http://www.bloomberg.com/news/articles/2016-08-14/imf-s-radical-wage-plan-for-japan-turns-nixon-policy-on-its-head
Dropbox Is in Talks With Advisers for Possible 2017 IPO
http://www.bloomberg.com/news/articles/2016-08-15/dropbox-said-to-discuss-possible-2017-ipo-in-talks-with-advisers