U.S. Warns Banks Off Russian Bonds State, Treasury say helping sell debt would undermine sanctions on country The U.S. government has warned some top U.S. banks not to bid on a potentially lucrative but politically risky Russian bond deal, saying it would undermine international sanctions on Moscow, people familiar with the matter said. The move,…
SOURCE: https://garykaltbaum.com/imf-report-urges-g20-to-prepare-global-economic-stimulus-plan/
Stock Market Overview: Futures are up ahead of Thursday’s open. Stocks staged a big positive reversal on Wednesday after bouncing off their 10 day moving average line. The next level of resistance to watch is Monday’s high and the 50 DMA line. Gary’s Thoughts: We repeat…watch the 50 day. A move above does not hurt but keep…
Stocks opened lower but closed higher on Wednesday after the latest round of lackluster earnings and economic data were released. Oil prices also positively reversed after the latest EIA report was released. Economic data was less than thrilling. First, February’s Flash PMI Services Index Fell to 49.8, miss estimates for 53. Then New Home sales plunged -9.2%…
http://www.reuters.com/article/usa-fed-kaplan-path-idUSN9N14B02R
http://www.foxbusiness.com/features/2016/02/24/citibank-will-stop-collecting-34-million-in-credit-card-debt.html
http://www.foxbusiness.com/markets/2016/02/24/oil-swoon-forces-chesapeake-to-cut-spending-in-half.html
http://www.foxbusiness.com/politics/2016/02/24/tony-blair-gets-diplomatic-on-eu-u-s-election.html
http://www.reuters.com/article/us-g20-china-imf-idUSKCN0VX2L6
http://www.reuters.com/article/us-autos-stocks-idUSKCN0VX2GN
