Holiday Deliveries Are Taking Longer This Year @FoxBusiness
http://www.foxbusiness.com/industries/2015/12/14/holiday-deliveries-are-taking-longer-this-year/?intcmp=bigtopmarketfeatures
Fed weighs merits of jumbo portfolio in post-crisis era
http://www.reuters.com/article/us-usa-fed-portfolio-idUSKBN0TX1YV20151214
Economic pain in U.S. heartland as likely Fed Decision Nears
http://www.reuters.com/article/us-usa-fed-economy-idUSKBN0TX2OH20151214
Junk Bonds Hit With Fresh Selloff @FoxBusiness
http://www.foxbusiness.com/markets/2015/12/14/junk-bonds-resume-selloff-after-friday-2-plunge/?intcmp=marketfeatures
Serena Williams named Sports Illustrated’s Sportsperson of the Year
http://www.reuters.com/video/2015/12/14/serena-williams-named-sports-illustrated?videoId=366675804&videoChannel=118169
Required Reading Of The Day
Gallery: gun debate since Sandy Hook Saudi Arabia announces 34-state Islamic military alliance against terrorism Exclusive: Another U.S. patrol in South China Sea unlikely this year – officials Obama: faster progress needed against Islamic State Bill Cosby files countersuit against seven women in defamation case
The Closing Look
Stock Market Commentary: Stocks vacillated between positive and negative territory all morning but closed higher as the market tried to bounce after last week’s steep decline. Oil prices opened lower but turned higher as this market tries to bounce from deeply oversold levels. The benchmark S&P 500 also turned higher after briefly falling below the psychologically important level…
Chart Of The Day: Only 28% Of Stocks In The S&P 500 Are Above Their 50 DMA Lines
*Data as of Friday’s close…
Markets=Yuck!
We continue to believe we are in the process of a big topping out process of the central banks- induced bull market that started in 09. We believe once again that central banks have created bubbles all over the place and that ultimately there will be heck to pay. We just don’t know when heck shows…
“The Sea Was Angry That Day, My Friends”
“The Sea Was Angry That Day, My Friends” Like An Old Man Trying To Send Back Soup At A Deli” -George Costanza- By Gary Kaltbaum-December 13,2015@GaryKaltbaumgaryk.com Fox News Business Contributor We wrote a lot of this report in mid-September but updated it to today. It all remains appropriate as we are now seeing some of the…