Italian officials and bank executives have agreed to create a €5 billion ($5.7 billion) fund to help lenders that are in quite the trouble. Only one problem…there is about €360 billion of bad loans. There is a lot more where this came from in many other countries. Remember what we have told you, places like Greece were not…
Stock Market Overview: Futures are a little higher ahead of Tuesday’s open as investors digest last week’s decline. The US dollar fell to a fresh 9-month low yesterday and remains weak. Gary’s Thoughts: GOLD…GOLD…MORE GOLD…EXTENDED NEAR TERM BUT THAT IS ONE STRONG MOVE. Economic Data: NFIB Small Business Optimism Index 6:00 AM ET Import and Export Prices 8:30 AM ET…
Stocks opened higher but ended near their lows as seller showed up in the afternoon. Before the open, rumor spread that central banks and governments should begin buying bank stocks to boost the market. Meanwhile, the US dollar fell to a fresh 9-month low which sent gold, silver and several other commodities higher. In other news, Goldman Sachs…
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http://www.bloomberg.com/news/articles/2016-04-11/chesapeake-energy-amends-4-billion-credit-agreement-due-in-2019
https://video.foxbusiness.com/v/4840916974001/fmr-attorney-general-clintons-gross-negligence-is-not-a-defense/?#sp=show-clips
http://www.bloomberg.com/politics/articles/2016-04-11/former-yellen-adviser-proposes-sweeping-reform-of-fed-system
http://www.foxbusiness.com/features/2016/04/11/why-gadget-upgrade-cycles-are-getting-longer.html
