The Morning Look
Market Update: Stock futures are higher ahead of Monday’s open as the recent and strong post brexit rally continues. Gary’s Thoughts: We are back in the states and will have a full technical report for you tonight…on teflon market. Really starting to see beta here. So the short version: None of our themes have changed. The breakout…
Wall St. Week Ahead: Cheap clothes makes for pricy stocks at TJX, Ross
http://www.reuters.com/article/us-usa-stocks-weekahead-idUSKCN10N2LD
Fed Officials Challenge Decades of Accepted Wisdom on Inflation
http://www.bloomberg.com/news/articles/2016-08-12/fed-officials-challenge-decades-of-accepted-wisdom-on-inflation
Divergence Between Equities and Earnings @FoxBusiness
https://video.foxbusiness.com/v/5046802430001/divergence-between-equities-and-earnings/?#sp=show-clips
Bill Miller, Leaves Legg Mason, But Still Hot on Amazon @FoxBusiness
http://www.foxbusiness.com/markets/2016/08/12/bill-miller-leaves-legg-mason-but-still-hot-on-amazon.html
Dollar Bulls Bruised Again as Fed Rate-Increase Bets Fade Anew
http://www.bloomberg.com/news/articles/2016-08-13/dollar-bulls-bruised-again-as-fed-rate-increase-bets-fade-anew
Negative rates seen reducing Japan big banks’ profits by $2.96 billion: Nikkei
http://www.reuters.com/article/us-japan-bank-boj-idUSKCN10O057
Venezuela Just Increased the Minimum Wage by 50%
http://www.bloomberg.com/news/articles/2016-08-13/venezuela-raises-wages-50-as-oil-tour-seeks-to-lift-prices
Global monetary taps still open wide, Fed minutes in focus
http://www.reuters.com/article/us-economy-global-idUSKCN10N1ME