Don’t worry! All’s well! It’s only going to be $27 trillion of OUR debt!
SOURCE: http://davidstockmanscontracorner.com/campaign-2016-and-the-great-unmentionable-cbo-says-national-debt-to-hit-27-trillion-in-next-decade-gop-candidates-troll-for-more-defense-spending/?utm_source=ReviveOldPost&utm_medium=social&utm_campaign=ReviveOldPost
A few early notes!
We told you two things recently…that a low was put in on last Wednesday’s washout (for now…and in a bear market) but expected things to be jagged. The past four days of the Dow were +210, -208, +292 and -222…and now we walk into another gap to the upside. Yesterday, Apple affected things negatively. Today, Facebook affects…
The Morning Look
Stock Market Overview: Stock futures are strong on Thursday as the market does the usual about-face from whatever happens on Fed day! Gary’s Thoughts: Facebook a huge help. It has helped the NDX but also enabled but Google and Amazon to get back the large losses from yesterday. Hey…you play this! Just remember, the low from last Wednesday…
What Hillary Clinton’s Tax Plan Will Cost You @FoxBusiness
http://www.foxbusiness.com/politics/2016/01/27/what-hillary-clintons-tax-plan-will-cost.html
Under Armour Under The Weather @FoxBusiness
http://www.foxbusiness.com/markets/2016/01/27/under-armour-under-weather.html
‘Bad loans’ deal lifts Italy recovery hopes
http://www.reuters.com/video/2016/01/27/bad-loans-deal-lifts-italy-recovery-hope?videoId=367192743&videoChannel=5
America remembers Challenger, 30 years on
http://www.reuters.com/video/2016/01/26/america-remembers-challenger-30-years-on?videoId=367184256&videoChannel=118169
Required Reading Of The Day
Fed keeps interest rates steady, closely watching global markets Wall Street turns red after Fed fails to impress White House declines comment on Johnson Controls deal to buy Ireland-based Tyco Sheriff: ‘No more blood’
The Closing Look
Stock Market Commentary: Stocks fell hard after the Fed concluded its 2-day meeting on Wednesday. The Fed held rates steady but left the door open for a possible rate hike in the future. The market was looking for a more dovish stance whereby the Fed would signal that they are not going to raise rates…