Stocks were relatively quiet on Monday as the market paused to digest the very strong rally we have seen since the Feb 11th low. Apple unveiled a few new (lower priced) products which are aimed at capturing a broader audience. In other news, Starwood Hotels and Resorts ($HOT) accepted a higher offer from Marriott International Inc ($MAR)….
MARKETS GO COAST TO COAST” By Gary Kaltbaum March 21,2016 Greetings from Beijing. Fascinating place. The Kaltbaum bucket list continues to get checked off. Yesterday, we visited Tiananmen Square, the Temple of Heaven and the Forbidden City. Humongous, expansive and spectacular architecture come to mind. Today, we hit the Great Wall and Summer Palace. To…
https://video.foxbusiness.com/v/4807439430001/are-entitlements-slowing-down-the-economy/?#sp=show-clips
http://www.foxbusiness.com/features/2016/03/18/cheerios-maker-general-mills-to-label-gmos-in-u-s-products.html
https://video.foxbusiness.com/v/4807248932001/is-economy-worse-than-what-voters-fear
http://www.foxbusiness.com/features/2016/03/18/menswear-brands-capitalize-on-sweaty-march-madness-coach.html
http://www.reuters.com/video/2016/03/18/futuristic-prototype-promises-low-cost-s?videoId=367783726&videoChannel=118169
Highlights: Market Wrap: Recap of Friday’s Action Week in Review: Find out what happened on Wall Street last week The Long Dollar Trade Is Reversing: Find out what areas benefit when the greenback falls
The S&P 500 turned positive on the year, is only 3.9% below its record high, and has surged 13.4% over the past 6 weeks (since the Feb 11th low)! Interestingly, that is around the same percent gain the S&P 500 rallied in late September 2015-November 2015. We’ll see if this time is different. The big take-away this…
