Rising U.S. layoffs hint at ebbing labor market momentum
http://www.reuters.com/article/us-usa-economy-idUSKCN0VD1S8
Required Reading Of The Day
Shkreli tweets loud, says nothing Viacom names CEO Dauman as chair; Shari Redstone opposed Exclusive: New U.S. bill being drafted to reform human trafficking rankings Bowing to pressure, FDA to reform painkiller approval process
The Closing Look
Stock Market Commentary: Stocks opened lower on but closed higher on Thursday as the US dollar continued to fall gold continued to bounce. Oil prices fell and closed lower on Thursday after encountering resistance near January’s high. More stocks gapped down after reporting lousy numbers. Shares of Ralph Lauren plunged over 20% after reporting a…
Chart Of The Day: The Dollar Still Sinks… Gold Still Rallies
The US Dollar: $UUP Gold: $GLD No position
Central banks never stop!
“CENTRAL BANKS NEVER STOP!” February 4,2016 By Gary Kaltbaum garyk.com @GaryKaltbaum Fox News Business Contributor We were thrilled when we heard there were no central bank meetings in February. We want these people to go away for an extended vacation. We actually emailed the Fed with the suggestion of only 4 Fed meetings each year….
The Morning Look
Stock Market Overview: Stock futures are down before Thursday’s open. After falling over 11% on Monday and Tuesday Oil prices soared over 8% on Wednesday as the US dollar experienced a huge single day decline. The major averages remain in lousy shape and continue to go nowhere fast as they pause to digest last month’s steep…
The U.S. Power Grid is ‘Vulnerable,’ Don’t Panic Just Yet @FoxBusiness
http://www.foxbusiness.com/features/2016/02/02/u-s-power-grid-is-vulnerable-but-dont-panic-just-yet.html
What to Expect From Super Bowl 50’s Ads @FoxBusiness
http://www.foxbusiness.com/features/2016/02/03/what-to-expect-from-super-bowl-50s-ads.html
Global business activity starts 2016 on weak note
http://www.reuters.com/article/us-global-economy-idUSKCN0VC2AH
Ex-drug executive Shkreli has $40 million trading loss: U.S.
http://www.reuters.com/article/us-usa-crime-shkreli-idUSKCN0VC243