Futures are down a decent amount on the “no” vote out of Greece. We are being bombarded with “what now” questions but think we just update you on everything we have been telling you. Please do not think markets may be heading down out of nowhere. We have been writing to you about the deterioration…
Source: http://www.bloomberg.com/news/articles/2015-07-01/these-10-economies-will-be-the-world-s-worst-performers-by-the-end-of-2015
http://www.bloomberg.com/news/videos/2015-07-02/why-it-s-all-about-the-model-x-for-tesla
http://www.bloomberg.com/news/videos/2015-07-02/the-current-u-s-recovery-may-be-the-longest-ever
http://www.bloomberg.com/news/articles/2015-07-05/china-intensifies-steps-to-end-3-2-trillion-stock-rout
http://www.foxbusiness.com/industries/2015/07/02/bp-reaches-187-billion-settlement-over-deadly-2010-spill/?intcmp=marketfeatures
Greeks Defy Europe With Overwhelming Referendum ‘No’ – Fox Business Greek Outlook Will Be Uncertain Even After Vote – WSJ China’s Central Bank to Provide Liquidity to Help Stabilize Stocks – WSJ U.S. Labor Secretary: Wage Stagnation Remains an Issue – Fox Business U.S. Cuba Policy: Where Things Stand Now – WSJ Saudi Prince Pledges…
Good: The bulls defend the 200 DMA line Consumer confidence rose to 101.4 in June, beating estimates for 97.4 ADP said private employers added 237k new jobs in June, beating estimates for 220k The ISM manufacturing index came in at 53.5, barely beating estimates for 53.2 Construction spending rose to 0.8%, beating estimates for 0.5%…
Fake job’s number is out! Life is better. Things are better except at first blush, over 400,000 left the workforce in the past month. The fake rate is now 5.3%. The problem is that since this administration took office, the labor participation rate has crashed…enabling the rate to come down. If you added back all…
Jobs Report: U.S. Payrolls Climb by 223,000, Missing Estimates For 233,000 Unemployment rate falls to 5.3% but pockets of softness lurk WASHINGTON—U.S. employers steadily added jobs in June, but wages were flat and the participation rate fell, suggesting pockets of weakness remain in the labor market. Nonfarm payrolls rose a seasonally adjusted 223,000 in June,…
