HEY FEDHEAD LOCKHART…DO YOU WANT TO MAKE A BET ON THIS?
SOURCE: http://www.marketwatch.com/story/feds-lockhart-nothing-fundamentally-wrong-with-broad-us-economy-despite-bearish-stock-market-2016-01-11?mod=mw_share_twitter
The Morning Look
Stock Market Overview: U.S. stock futures are up on Monday as investors digest last week’s historic sell-off. The market is deeply oversold and way overdue to bounce at some point. Gary has expressed caution and has been telling you about how the market has been getting weaker not stronger over much of 2015. Gary’s Thoughts: Our measures of overbought/oversold…
Week Ahead: Fed Speeches, Retail Sales @FoxBusiness
http://www.foxbusiness.com/economy-policy/2016/01/08/week-ahead-fed-speeches-retail-sales/?intcmp=bigtopmarketfeatures
China Nerves Force $1.6T Out of the Market @FoxBusiness
http://www.foxbusiness.com/markets/2016/01/08/bad-start-for-stocks-can-foreshadow-year-in-stocks/?intcmp=marketfeatures
U.S. meets tech leaders, forms task force to fight online militants
http://www.reuters.com/article/us-usa-security-tech-idUSKBN0UM25Q20160108
Watch for These 5 Cars at the Detroit Auto Show @FoxBusiness
http://www.foxbusiness.com/industries/2016/01/08/watch-for-these-5-cars-at-detroit-auto-show/?intcmp=marketfeatures
@FoxNews Poll: Nat’l Security is Top Issue for GOP Voters @FoxBusiness
http://www.foxbusiness.com/economy-policy/2016/01/08/fox-news-poll-national-security-is-top-issue-for-gop-voters/?intcmp=bigtopmarketfeaturesside
Required Reading Of The Day
Wall Street faces profit recession as earnings season begins Citizen Cruz: Trump hammers away, U.S. Senate leader mum on eligibility U.S. flies B-52 over South Korea after North’s nuclear test Woman raped by five men in New York City park, police say Arab foreign ministers accuse Iran of undermining regional security
Gary on markets, central banks, Hillary and Bernie
“MARKETS SPEAKING LOUDLY AND CLEARLY” January 10,2016 By Gary Kaltbaum @GaryKaltbaum garyk.com Fox News Business Contributor President, Kaltbaum Capital Management We have a ton of different thoughts on what we are seeing but the most important point is: We continue to disagree with anyone saying this is just a correction in a bull market. If…