China state media announce confessions in stock market investigations
http://www.reuters.com/article/2015/08/31/us-china-stocks-probe-idUSKCN0R01JJ20150831
Fiat Chrysler CEO Fuels Talk of GM Merger @FoxBusiness
http://www.foxbusiness.com/industries/2015/08/31/fiat-chrysler-ceo-fuels-talk-gm-merger/?intcmp=marketfeatures
Apple Event on Tap: What’s Next for iPhone? @FoxBusiness $AAPL
https://video.foxbusiness.com/v/4454714903001/what-does-apple-have-in-store-for-the-new-iphone/?intcmp=marketfeatures#sp=show-clips
Midwest Manufacturing Activity Slides @FoxBusiness
http://www.foxbusiness.com/economy-policy/2015/08/31/midwest-manufacturing-activity-slides-in-august/?intcmp=bigtopmarketfeaturesside
Required Reading Of The Day
Oil Gets a Boost as EIA Points to Slower Production Fed Dilemma: U.S. vs. Global-Growth Worries Report: Greece to Lift Short-Selling Ban Midwest Manufacturing Activity Slides Volkswagen Ordered to Sell 19.9% Suzuki Stake
Chart of The Day: Only 20% Of Stocks In The S&P 500 Are Above Their 50 DMA Lines
*As of Friday’s 8.28.15’s Close
As usual, no one goes to jail at the big Wall Street Firms!
SOURCE: http://www.nytimes.com/2015/08/30/business/sec-settlement-with-citigroup-holds-no-one-responsible.html?smprod=nytcore-ipad&smid=nytcore-ipad-share
BEWARE! THIS AIN’T OUT OF THE WOODS YET!
By Gary Kaltbaum @GaryKaltbaum GaryK.com Fox News Business Contributor A few thoughts in and out of the market: The Mets are 5.5 games ahead with just 32 games left to play. We can finally watch baseball into the end of the season. The national media has been mostly silent on this but insurers just won huge…
IMF’s Lagarde says restructuring should suffice for Greek debt
http://www.reuters.com/article/2015/08/29/us-eurozone-greece-lagarde-idUSKCN0QY0AJ20150829
China to cap 2015 local government debt at $2.5 trillion: Xinhua
http://www.reuters.com/article/2015/08/29/us-china-economy-debt-idUSKCN0QY0BY20150829