Can Detroit Beat Google to the Self-Driving Car?
http://www.bloomberg.com/features/2015-gm-super-cruise-driverless-car/
These Charts Explain Why China Scrapped Its One-Child Policy
http://www.bloomberg.com/news/articles/2015-10-29/these-charts-explain-why-china-scrapped-its-one-child-policy
Time Warner Cable, Charter expect deal closing in first quarter 2016, not 2015
http://www.reuters.com/article/2015/10/29/us-twc-results-idUSKCN0SN13N20151029
As Oil Outlook Dims, Industry Slips into the Red @FoxBusiness
http://www.foxbusiness.com/industries/2015/10/29/as-oil-outlook-dims-industry-slips-into-red/?intcmp=bigtopmarketfeaturesside
Third Quarter GDP Missed Estimates
The Commerce Department said Thursday that third-quarter GDP expanded at 1.5% annual rate (annualized and adjusted for inflation). That’s less than half the 3.9% growth rate in the second quarter, and slightly below the Thomson Reuters estimate of 1.6%. GDP represents the total value of goods and services produced in the U.S.
Required Reading Of The Day
Dynamic Airways jet engine fire leaves several injured, closes Fla. airport Newly elected speaker Ryan promises to fix ‘broken’ House U.S., China agree to stick to protocols Video shows Pakistan landslide after earthquake Military investigates cause for runaway blimp
The Lemmings still believing!
“Fed keeps December hike in play!” “Fed hints December hike is in play after all!” “Officials stand pat on the rates but tone down global market worries!” After months and months of teasing, amazingly pundits are still taking the bait that the Fed is going to raise rates. How many more times will they fall…
Dollar Rises After Fed Meeting @FoxBusiness
http://www.foxbusiness.com/markets/2015/10/28/dollar-rises-after-fed-says-it-could-raise-rates-in-december/?intcmp=ob_homepage_markets&intcmp=obnetwork
Federal Reserve Leaves Rates Unchanged @FoxBusiness
http://www.foxbusiness.com/economy-policy/2015/10/28/federal-reserve-october-meeting/?intcmp=bigtopmarketfeatures