IMF’s Lagarde says likely to cut growth outlook as trade wanes
http://www.reuters.com/article/us-g20-china-lagarde-idUSKCN11753I
http://www.reuters.com/article/us-g20-china-lagarde-idUSKCN11753I
http://www.bloomberg.com/news/articles/2016-08-30/goldman-sachs-said-to-have-lost-1-8-billion-u-s-property-deal
http://www.bloomberg.com/news/articles/2016-08-31/why-september-could-be-huge-for-markets-all-around-the-world
http://www.foxbusiness.com/markets/2016/09/01/ford-gm-sales-fall-chrysler-sales-rise.html
http://www.foxbusiness.com/markets/2016/09/01/samsung-mobile-recovery-suffers-blow-as-galaxy-notes-catch-fire.html
http://www.foxbusiness.com/markets/2016/09/01/report-wal-mart-to-cut-7000-u-s-store-back-office-jobs.html
http://www.reuters.com/article/us-usa-fed-mester-idUSKCN1175H9
http://www.reuters.com/article/us-ecb-nowotny-deflation-idUSKCN1175K2?il=0
ISM PMI Misses Estimates: And… SalesForce.com Gaps Down After Reporting Earnings… Salesforce.com does well when the economy does well (more people are selling)
There has been a bet placed by the market over the past week or so and that is or was that the fed will raise rates sooner rather than later. This mantra has been going on for 22 months. 22 months ago, the fed stopped printing and since, has teased and yapped away rate hikes…