


The Closing Look
Stocks rallied on Monday as investors digested the latest round of economic data and last week’s Fed symposium in Jackson Hole. Consumer spending edged higher by +0.3% in July which matched the Street’s consensus. Meanwhile, the personal consumption expenditures (PCE) price index, which is one of the Fed’s preferred inflation indicators, rose 0.1% in July and is…



The Morning Look
Market Update: Stock futures are quiet ahead of Tuesday’s open as the market continues trading near record highs. Gary’s Thoughts: Apple told to pay billions in taxes. Not much else happening! Economic Data: Redbook 8:55 AM ET S&P Case-Shiller HPI 9:00 AM ET Consumer Confidence 10:00 AM ET State Street Investor Confidence Index 10:00 AM ET 4-Week Bill Auction 11:30 AM…

This Is How Badly We’re Managing Our Student Debt
http://www.bloomberg.com/news/articles/2016-08-29/this-is-how-badly-we-re-managing-our-student-debt

Herbalife Rises After Carl Icahn Increases Stake in Company
http://www.bloomberg.com/news/articles/2016-08-29/herbalife-rises-after-icahn-boosts-stake-in-nutrition-company

Should investors be anxious over Yellen’s concerns? @FoxBusiness
https://video.foxbusiness.com/v/5101018116001/should-investors-be-anxious-over-yellens-concerns-/?#sp=show-clips

Apple Sets Event for Sept. 7 @FoxBusiness
http://www.foxbusiness.com/features/2016/08/29/apple-sets-event-for-sept-7.html

Sen. John McCain: Obamacare is ‘Collapsing’ @FoxBusiness
http://www.foxbusiness.com/politics/2016/08/29/sen-john-mccain-obamacare-is-collapsing.html