Relief for now!
We will ignore all the negatives we have been reporting to you on the markets for today. For today, it is time to accentuate the positives. And there are positives. Regardless of the 60% of the market that just ain’t working, the positives are: For starters, regardless of China…regardless of Greece…regardless of the slowdown in…
China Premier Promises More Precise Policy Adjustments
http://www.foxbusiness.com/economy-policy/2015/07/13/china-premier-promises-more-precise-policy-adjustments-1921064793/?intcmp=marketfeatures
They Say Inflation Is Low, but U.S. Consumers Still Feel a Pinch
http://www.wsj.com/articles/inflation-is-low-but-u-s-consumers-still-feel-a-pinch-1436727650
Fed Flounders in Political Arena
http://www.wsj.com/articles/janet-yellens-fed-flounders-in-political-arena-1436806272
Required Reading Of The Day
Optimism Over Greek Deal Sends Stocks Higher – Fox Business Greek Deal Sets More Austerity – WSJ Can Puerto Rico Get Rid of its Debt? Fox Business California Drought Leaves Few Farmers Unscathed – WSJ Energy Firms to Merge in $15.8 Billion Deal – WSJ Obama Cuts 46 Drug Sentences – WSJ
Leon Cooperman: Stocks Still Attractive
Watch the latest video at video.foxbusiness.com Omega Advisors Chair and CEO Leon Cooperman told FOX Business Network’s Neil Cavuto that he doesn’t expect a bear market anytime soon – and he sees no signs that the U.S. is headed for a recession. “We don’t see any signs of recession,” Cooperman said. “Employment is rising…
Chart Of The Day: Big Oversold Bounce In The Percent Of Stocks Above 50 DMA Moving Higher
Chart courtesy of StockCharts.com
The central bank and government farce continues!
As this is being written, there are four different articles on supposedly four different deals that are happening with the Greece negotiations. Quite amazing! The bottom line and the logical outcome is simple. The math just does not add up and all parties know it. We can bore you to death with the numbers but the numbers change…
Starbucks Leads Initiative to Hire 100,000 Young, Minority Workers
http://www.wsj.com/articles/starbucks-leads-multi-company-initiative-to-hire-100-000-young-minority-workers-1436770801