Bart Chilton: Trump is now the Deal-Maker-in-Chief @FoxBusiness
http://www.foxbusiness.com/politics/2016/12/07/bart-chilton-trump-is-now-deal-maker-in-chief.html
The Morning Look
Market Update: Stock futures are flat before Thursday’s open after the ECB left rates unchanged and extended QE until December 2017. The ECB is currently buying 80 billion euros a month and it will start buying 60 billion euros in April-Dec 2017. Next week the Fed will meet and we’ll see what they do. Gary’s Thoughts:…
The Closing Look
Stocks soared on Wednesday as investors continued to buy the very good of the trump rally. Financials, Steel, Transports, were some of the areas that led the market higher. Overnight, India’s central bank unexpectedly kept interest rates unchanged. The benchmark repurchase rate stayed at a six-year low of 6.25%. Donald Trump just beat Hillary Clinton again — and was…
China top court rules in favor of Michael Jordan in trademark case
http://www.reuters.com/article/us-michael-jordan-china-trademark-idUSKBN13X08R
Thursday’s Pre-Market Look: Stocks In The News Before The Open
Voyager Therapeutics (VYGR) surged over 30% in after-hours trading after it announced positive results on its phase 1b trial of its VY-AADC01 gene therapy that showed improved measures of motor function in in patients with advanced Parkinson’s disease. Sears Holdings (SHLD) — Sears reported a quarterly loss of $3.11 per share, smaller than the loss…
ECB Leaves Rates Unchanged, Extends QE Until December 2017 & Drops QE to 60B/Month From April
http://www.cnbc.com/2016/12/08/taper-tantrum-or-more-of-the-same-all-eyes-on-ecbs-plans-for-it-bond-buying-program.html
U.S. regulator set to fail Wells Fargo on community lending test – sources
http://www.reuters.com/article/us-wells-fargo-accounts-idUSKBN13W2HA
Airbnb backs off fight with governments, offers policy suggestions
http://www.reuters.com/article/us-airbnb-policy-idUSKBN13X07P