U.S. economy shows few signs of sustained inflation pressure: Fed
http://www.reuters.com/article/us-usa-economy-beigebook-idUSKCN0ZT2BF
May promises ‘bold new role’ for Britain outside the EU
http://www.reuters.com/article/us-britain-eu-wrapup-idUSKCN0ZR19P
The Morning Look
Market Update: Stock futures are up triple digits ahead of Thursday’s open as investors look for more easy money from the Bank of England and the latest round of earnings. Gary’s Thoughts: As we wrote last night: “A sit day…nothing wrong with that…and tomorrow, the UK will announce more easing…thus…?” Thus means another gap to…
Chart Of The Day: Bond Bubble Continues – Investors Now Pay Germany to Borrow for 10 Years @WSJ
Courtesy @WSJ Germany sold 10-year debt at a negative yield on Wednesday, becoming the first eurozone nation to do so and setting a further milestone in the relentless fall of government bond yields around the world. In a flurry of other European debt sales, countries from Portugal to the U.K. were able to raise cheap…
Helicopter money…it is coming!
“HELICOPTER MONEY! IT’S COMING!” By Gary Kaltbaum-July 13,2016 My goodness! In case you did not know, in the past few days, Mr. Bubble (Bernanke) was sent to Japan to cure their ills. His remedy…”helicopter money.” We are not making this up. Mr. Bubble is now urging Japan to go to the next level. 0% rates?…
The Morning Look
Market Update: Stock futures are edging higher ahead of Wednesday’s open as the market continues its strong post Brexit rally. Gary’s Thoughts: Earnings in droves soon. Pay attention. Yesterday, lagging areas got the good bid. When the floor picks up…everything picks up. Economic Data: MBA Mortgage Applications 7:00 AM ET Import and Export Prices 8:30 AM ETRobert…
The Closing Look
Stocks raced higher as earnings season officially began and investors embraced more stimulus from global central banks. The Bank of England and the Bank of Canada are set to meet this week. Japan already said more easy money will be coming and that helped stocks break out of range and hit new record highs. After Monday’s…
Listen to Tuesday’s Investors Edge Radio Show: 07/12/2016
Investor’s Edge: 07/12/2016
Investors Brace for Bank Earnings @FoxBusiness
http://www.foxbusiness.com/markets/2016/07/12/investors-brace-for-bank-earnings.html
Economists Say BOE’s Possible Rate Cut Won’t Offset All Brexit Ills @FoxBusiness
http://www.foxbusiness.com/markets/2016/07/12/economists-say-boes-possible-rate-cut-wont-offset-all-brexit-ills.html