Guest Post: Doth protest too much
By Adam Sarhan Major Disconnect Between Wall Street & Main Street We have argued for a long time that there is a major disconnect between Wall Street and Main Street. Since the March 2009 bottom, Wall Street has enjoyed very strong gains for one simple reason: #EasyMoney from the Fed and every other major central…
Resistance!
Many areas of the market encountered resistance yesterday…and sold down. Regardless, while there ism some leadership, there is not a lot. There are hardly any good bases to be found. So patience. Earnings season time. We expect blah numbers…but expect many beats because guidance has come down throughout the quarter. Remember, it won’t be the…
‘Fed Fatigue’ Has Set In @FoxBusiness
http://www.foxbusiness.com/economy-policy/2015/10/13/fed-fatigue-has-set-in/?intcmp=bigtopmarketfeatures
Ken Langone: Fed Lacks Backbone
http://www.bloomberg.com/news/videos/2015-10-13/why-fed-lacks-backbone-risks-unnatural-consequences
Ron Darling on Utley’s Slide, 2B Rules @FoxBusiness
http://www.foxbusiness.com/industries/2015/10/13/ron-darling-utley-slide-egregious-but-new-rules-create-more-problems/?intcmp=bigtopmarketfeaturesside
Barclays’s CEO Choice Means Pause to Shrinking Investment Bank
http://www.bloomberg.com/news/articles/2015-10-13/barclays-s-ceo-choice-means-pause-to-shrinking-investment-bank
The 19-Hour Flight Is Coming Back
http://www.bloomberg.com/news/articles/2015-10-13/singapore-airlines-to-resume-world-s-longest-flights-in-2018
Required Reading Of The Day
Frustrated with U.S., Iraq turns to Russia and Iran White House says Iran’s missile test may have violated U.N. resolution Saudi wants Assad out – still Chinese chase new luxury labels abroad
Chart Of The Day: Traditional TV Continues To Head South
http://blogs.wsj.com/cmo/2015/07/24/this-chart-shows-why-comcast-would-be-interested-in-vice-media-and-buzzfeed/