Snowball’s Chance In Hell of Rates Rising Four Times in 2016 @FoxBusiness
http://www.foxbusiness.com/markets/2016/02/18/snowballs-chance-rates-rising-four-times-in-2016.html
Could General Motors Get a Credit Boost Soon? @FoxBusiness
http://www.foxbusiness.com/markets/2016/02/18/could-general-motors-get-credit-boost-soon.html
Twitter as Execs Buy Up Shares @FoxBusiness
http://www.foxbusiness.com/markets/2016/02/18/confidence-rising-at-twitter-as-execs-buy-up-shares.html
Wal-Mart Lowers Sales Outlook @FoxBusiness
http://www.foxbusiness.com/markets/2016/02/18/wal-mart-lowers-sales-outlook.html
Trump to Pope: You’re going to wish I were president
http://www.reuters.com/video/2016/02/18/trump-responds-to-pope?videoId=367445375&videoChannel=1&channelName=Top+News
Required Reading Of The Day
Trump’s immigration views ‘not Christian:’ pope Wall Street dips as oil retreats, Wal-Mart weighs U.S. jobs market firming; manufacturing still on the ropes Obama signs North Korea sanctions bill into law: White House Turkey blames Kurdish militants for Ankara bomb, vows response in Syria and Iraq
The Closing Look
Over the past week, the benchmark S&P 500 vaulted ~120 points or +6.6%! That is a huge move by any normal measure. In “normal” (non/Central Bank printing money days), a 10% gain for the entire year was considered “normal.” Clearly, a +6.6% rally in a 4 trading days is considered very strong and the market is…
Investor’s Edge: 02/18/2016
Investor's Edge: 02/18/2016Listen to today’s show by clicking here.
Investor’s Edge: 02/17/2016
Investor’s Edge: 02/17/2016 Listen to todays show by clicking here
We are not baffled! Your policies are nuts!
Bank of Japan Baffled by Negative Reaction to Negative-Rate Policy Gov. Haruhiko Kuroda criticized by lawmakers who charge the policy victimizes consumers and sends a message of despair By TAKASHI NAKAMICHI Updated Feb. 18, 2016 5:32 a.m. ET 15 COMMENTS TOKYO—A clash Thursday between Japan’s central-bank chief and lawmakers highlighted the downside of negative interest…