Watch GaryK on @FoxBusiness: Global Tension Weighing on Wall Street
https://video.foxbusiness.com/v/4938977332001/global-tension-weighing-on-wall-street/?#sp=show-clips
The Closing Look
Stocks fell on Friday across the globe after global government bond yields fell to fresh record lows. The German 10-year bund yield plunged to a fresh record low of 0.011% Friday morning which was down considerably from Monday’s level near 0.070%. The Japanese 10-year yield hit a record negative low of minus 0.13% and several…
Bond yields crack around the world @FoxBusiness
https://video.foxbusiness.com/v/4935063532001/bond-yields-crack-around-the-world/?#sp=show-clips
U.S. Budget Deficit Expands in May, Hits 2.6% of GDP Over Past Year @FoxBusiness
http://www.foxbusiness.com/markets/2016/06/10/u-s-budget-deficit-expands-in-may-hits-2-6-gdp-over-past-year.html
Flight to Safety: Investors Snap Up Bonds as Summer Risks Loom Large
http://www.foxbusiness.com/markets/2016/06/10/flight-to-safety-investors-snap-up-bonds-as-summer-risks-loom-large.html
China must quickly tackle rising corporate debt, warns IMF official
http://www.reuters.com/article/us-china-imf-debt-idUSKCN0YX029
China January-May FDI up 3.8 percent year-on-year
http://www.reuters.com/article/us-china-economy-fdi-idUSKCN0YY0BG
Elusive S&P record looms as investors weigh data, Fed
http://www.reuters.com/article/us-usa-stocks-weekahead-idUSKCN0YW29O
Greetings from the great city of Orlando!
My city is stunned but it will come back and and will prevail. That is not a cliche’ but a fact. We saw it all today as many lined up to give blood, many have been there for families, great doctors and nurses tended to the wounded and the magnificent people in uniform were out…
The Morning Look
Market Update: Stock futures are lower ahead of Monday’s open as investors continue to sell after Friday’s decline. Gary’s Thoughts: The big news is Microsoft buying Linkedin for cash. Well, not big news if you are short. Otherwise, futures down…gold and gold stocks up. I will be on Fox Business Network with Neil Cavuto at noon…