The Closing Look
Stocks rallied on Wednesday after the Bank of Japan and The U.S. Federal Reserve both erred on the side of more easy money. Before Wednesday’s open, the BOJ surprised the market and said it will target the yield curve and announced a new catch phrase: YCC (Yield Curve Control). The BOJ also left the door open…
THE LAST WORD ON THE FED? DOUBT IT!
“THE LAST WORD ON THE FED? DOUBT IT!” By Gary Kaltbaum- September 22,2016 We are in hopes this is the last time we have to talk about central banks for now because we must tell you, we are sick of it ourselves. But they run markets. They are the markets. They have put themselves into…
The Morning Look
Market Update: Stocks futures are higher on Thursday as the market digests more dovish action from the U.S. Federal Reserve and the Bank of Japan. Economic Data: Exactly! Nasdaq at highs. Other indices now attempting to get back above 50 day. Jobless Claims 8:30 AM ET Chicago Fed National Activity Index 8:30 AM ET FHFA House Price Index 9:00…
Warren Buffett to @FoxBusiness: I’ll Remain Silent on Wells Fargo for Now
http://www.foxbusiness.com/markets/2016/09/21/warren-buffett-to-fox-business-ill-remain-silent-on-wells-fargo-for-now.html
Tesla Sued by Norway Car Owners as Speed Not Insane Enough
http://www.bloomberg.com/news/articles/2016-09-21/tesla-sued-by-car-owners-in-norway-as-speed-not-insane-enough
Super Bowl Tickets Go on Sale Direct to Fans, Starting at $5,500
http://www.bloomberg.com/news/articles/2016-09-21/nfl-to-sell-super-bowl-tickets-to-fans-starting-at-5-500
Warren Buffett and Other Big Thinkers Look Back on the Financial Crisis
http://www.bloomberg.com/features/2016-big-problems-big-thinkers/
Supercar maker McLaren says not in discussion with Apple
http://www.reuters.com/article/us-mclarentechnology-m-a-apple-idUSKCN11R1XP