Why Hillary’s Enthusiasm to Speak with FBI Might Land Her in Jail @FoxBusiness
http://www.foxbusiness.com/politics/2016/04/01/why-hillarys-enthusiasm-to-speak-with-fbi-might-land-her-in-jail.html
Rep. Issa: President Obama Doesn’t Respect the Constitution @FoxBusiness
http://www.foxbusiness.com/politics/2016/06/15/rep-issa-president-obama-doesnt-respect-constitution.html
OPEC oil export revenue seen down for third straight year: U.S. EIA
http://www.reuters.com/article/us-oil-opec-exports-idUSKCN0Z129F
Traders see dovish Fed waiting until 2017 to raise rates
http://www.reuters.com/article/usa-fed-futures-idUSL1N1971P9
Obama meets Dalai Lama in spite of China protest
http://www.reuters.com/article/us-usa-obama-daililama-idUSKCN0Z1221?il=0
The Closing Look
Stocks opened higher on Wednesday but turned lower after the Fed meeting and press conference. The Fed held rates steady and turned more “dovish” as they reduced the likelihood of more rate hikes in the future. Economic data was mixed. The producer price index (PPI) rose by 0.4% in May, beating estimates for 0.3%. Industrial production fell to…
Listen To Tuesday’s Investor’s Edge Radio Show: Stoolander Edition 06/14/2016
Highlights: Market Wrap Gary breaks down Tuesday’s action for you Gary tells you the important sectors to watch Germany Bund yields go negative
The Morning Look
Market Update: Futures are higher ahead of Wednesday’s open as markets wait for the Fed this afternoon. On Tuesday, we saw the yield on the German 10-year bund drop into negative territory for the first time in history! That can’t be healthy in the long-run. Gary’s Thoughts: Today we get Mrs Bubble telling us blah blah blah…is,…
The Closing Look
Stocks fell on Tuesday as the Fed began their two-day meeting and government bond yields continued to fall across the globe. Before Tuesday’s open, the German 10-year bund yield slid into negative territory for the first time in history. Would you lend money to Germany for 10 years and pay them? The world of negative interest rates…