High taxes= bye bye!
SOURCE: http://www.wsj.com/articles/ge-escapes-connectitax-1452730001
Gary on today’s early wild action!
January 14,2016 First and most important, do not miss the Fox Business Network Presidential debates tonight…on the Fox Business Network. We came into this week thinking we were close to another decent low in this bearish market. We were not so sure after yesterday’s nausea as well as the early action today. With all the wild…
The Morning Look
Stock Market Overview: U.S. stock futures were lower but turned higher before Thursday’s open as investors try to recover from Wednesday’s strong sell off. Keep in mind, the market is very oversold and way overdue to bounce at some point. The fact that it refuses to bounce illustrates how weak the market is right now. Gary has expressed…
The Closing Look
Stock Market Commentary: Stocks plunged on Wednesday as a new round of selling hit Wall Street. This time they went after almost all areas of the market including the big glamour names such as Amazon ($AMZN) and Netflix ($NFLX) that had been holding up rather well in late 2015. The fact that Wall Street can not…
Tax Reform: The No Brainer Low Hanging Fruit Needed to Juice The Economy @FoxBusiness
http://www.foxbusiness.com/features/2016/01/13/tax-reform-no-brainer-low-hanging-fruit-needed-to-juice-economy.html
General Electric Confirms It Will Move Headquarters to Boston @FoxBusiness
http://www.foxbusiness.com/features/2016/01/13/general-electric-confirms-it-will-move-headquarters-to-boston.html
Fed: Labor Markets Tighter, Wage Growth Still Weak @FoxBusiness
http://www.foxbusiness.com/markets/2016/01/13/fed-labor-markets-tighter-wage-growth-still-weak.html
Rail mergers could be ‘destructive’ to shareholder value – CSX CEO
http://www.reuters.com/article/us-railways-m-a-csx-idUSKCN0UR2RP20160113
U.S. posts $14 billion budget deficit in December
http://www.reuters.com/article/us-usa-economy-budget-idUSKCN0UR2M320160113
Required Reading Of The Day
U.S. says no deal reached with VW CEO to fix diesel emissions Wall St. sells off late, S&P 500 falls below 1,900 Sean Penn lied about ‘El Chapo’ trafficking claim: lawyer Al Jazeera to cease U.S. operations by April end Morocco aids investigation of Paris attacks