U.S. judge approves deal to weaken Texas voter ID law; Wisconsin suspended VC Funding Is Drying Up for Media Startups Orbital Plunges Most in Almost a Year After Accounting Error Brazil’s Messy Impeachment Drama Almost Over. Markets Can’t Wait Fewer Housing Markets in the U.S. Have Double-Digit Price Gains Mongolia Calls for Economic ‘Crisis’ Plan;…
Stocks fell on Wednesday which is perfectly normal after such a strong rally. Oil prices fell which dragged a slew of energy stocks lower. Before the open, Michael Kors ($KORS) reported earnings and beat expectations on both the top line and bottom line but the stock fell 3% on future guidance. Separately, Ralph Lauren ($RL) gapped up after the…
Market Update: Stock futures are quiet to a little higher ahead of Wednesday’s open as the market digests the recent and strong post brexit rally. Gary’s Thoughts: Quiet is good Economic Data: MBA Mortgage Applications 7:00 AM ET JOLTS 10:00 AM ET EIA Petroleum Status Report 10:30 AM ET 10-Yr Note Auction 1:00 PM ET Treasury Budget 2:00 PM ET Highlights:…
https://video.foxbusiness.com/v/5077191035001/whose-economic-agenda-is-closer-to-reagans/?#sp=show-clips
http://www.foxbusiness.com/features/2016/08/09/u-s-household-debt-climbs-35b-to-12-3-trillion.html
http://www.bloomberg.com/view/articles/2016-08-09/political-cybersecurity-is-not-a-partisan-issue
http://www.bloomberg.com/gadfly/articles/2016-08-09/google-and-facebook-killed-free-media-with-ad-domination
http://www.reuters.com/article/us-usa-wholesale-inventories-idUSKCN10K1H6
http://www.reuters.com/article/us-usa-economy-idUSKCN10K19F
