The FED and a Goal-Line Stand Needed
For 3 years, we have been telling you both sarcastically and seriously, THE FED WILL NEVER RAISE RATES UNTIL THE MARKETS FORCE THEM TO. We have been utterly amazed how every month, pundits continue to predict otherwise. The latest nonsense has been September…September…September…the reading has been the Fed is ready…and now we get yesterday’s nonsense….
If Venezuela Implodes, Will Its Neighbors Be Ready?
http://www.bloombergview.com/articles/2015-08-19/maduro-s-venezuela-veers-toward-a-humanitarian-crisis
The Race to the $1 Million Parking Spot
http://www.wsj.com/articles/the-race-to-the-1-million-parking-spot-1440003713
Is North Carolina the Silicon Valley of the South? @FoxBusiness
Watch the latest video at video.foxbusiness.comhttp://www.foxbusiness.com/technology/2015/08/19/is-north-carolina-silicon-valley-south/?intcmp=bigtopmarketfeaturesside
Crude Tumbles Following Suprise Build in Stockpiles @FoxBusiness
http://www.foxbusiness.com/markets/2015/08/19/oil-steadies-but-oversupply-still-concerning/?intcmp=bigtopmarketfeatures
Fed Needs More Evidence of Stronger Economy @FoxBusiness
http://www.foxbusiness.com/economy-policy/2015/08/19/federal-reserve-minutes/?intcmp=bigtopmarketfeatures
Required Reading Of The Day
Stocks Pare Steep Losses After Dovish Fed Minutes Fed’s Signals Mixed on Rate Increase at September Meeting The New Thin Line Between Carry-On and Checked Bags Why China’s Yuan ‘Reform’ Merits Skepticism
More of the nauseating same.
Markets remain range-bound. Continue to use last week’s lows as massively vital support. Go read Adam Shell’s article in today’s USA Today as many others are now talking about the nauseating trading range. A few thoughts: SEMIS continue to puke. This morning, will probably get a lift off of ADI…but cant help but wonder whether…