HAPPY THANKSGIVING!
My staff and I want to wish each and every one of you a happy, healthy and safe Thanksgiving. Think about doing something for someone you need absolutely nothing from. Gary Kaltbaum
The Life of the First Female NFL Coach @FoxBusiness
http://www.foxbusiness.com/industries/2015/11/24/inside-life-first-female-nfl-coach/?intcmp=marketfeatures
Consumer Confidence Unexpectedly Declines @FoxBusiness
http://www.foxbusiness.com/economy-policy/2015/11/24/consumer-confidence-unexpectedly-declines-in-november/?intcmp=marketfeatures
Low Prices at the Pump This Thanksgiving @FoxBusiness
http://www.foxbusiness.com/personal-finance/2015/11/24/thanksgiving-gas-prices-hit-lowest-level-since-recession/?intcmp=bigtopmarketfeaturesside
BOJ minutes: a few members say output gap improvement is slow
http://www.reuters.com/finance/markets#BMi7Oi7SAAhbqUUg.99
Olympic contracts come under scrutiny
http://www.reuters.com/article/2015/11/24/us-brazil-olympics-petrobras-exclusive-idUSKBN0TD1XO20151124
Required Reading Of The Day
Apparent suicide attack on Tunisian presidential guard bus kills 12 CDC says at least 19 E. coli infections linked to Costco chicken salad Report says combination of errors led to U.S. bombing of MSF hospital Putin irate with Turkey over downed plane
Another Reason Why The Fed Has Kept Rates At Zero For Sooo Long
The Fed knows that every 1% increase in interest rates directly raises the interest being paid on the National Debt. At the current levels, 1% hike would raise the interest being paid from $400 billion to $600 billion per year. That’s a staggering 50% jump!
Just remember, it is still a ridiculously narrow market.
In this holiday week, consider doing something for someone you need absolutely nothing from. We just wanted to repeat what we wrote to you this weekend…and that is, in a nutshell, narrow markets are much more easily sold off than markets with strong representation. It is vital during these times that you stay as SECTOR…