Five Years of Greek Misery Laid Bare in Five Depressing Charts
http://www.bloomberg.com/news/articles/2015-06-18/five-years-of-greek-misery-laid-bare-in-five-depressing-charts
Blow Up the Tax Code and Start Over
Source: http://www.wsj.com/articles/blow-up-the-tax-code-and-start-over-1434582592?mod=trending_now_1
Behind Chicago’s Rift With Moody’s
Source: http://www.wsj.com/articles/behind-chicagos-rift-with-moodys-raters-tough-new-stance-1434644817
Required Reading of The Day
Church Shooting Suspect Dylann Roof Caught – WSJ EU Calls Emergency Summit as Greece Runs Out of Time – Bloomberg Nasdaq Composite Hits Intraday Record As Stocks Soar – WSJ House Passes Fast-Track Trade Bill; Senate Outcome Uncertain -WSJ Top FAA Official Says ‘Not My Problem’ – Fox Business IRS Raking It In Despite Budget…
Chart Of The Day: Biotechs Breakout…
Chart Courtesy of StockCharts.com
Jeter’s First Tech Investment Is Cyber-Bullying Deterrent
Source: http://www.bloomberg.com/news/articles/2015-06-18/jeter-s-first-tech-investment-is-cyber-bullying-prevention-app
Lagarde: Greece Faces Default July 1 Without Deal
Source: http://www.foxbusiness.com/economy-policy/2015/06/18/lagarde-greece-faces-default-july-1-without-deal/?intcmp=bigtopmarketfeaturesside
Fitbit Goes Public Amid Growing Competition
http://www.foxbusiness.com/industries/2015/06/18/fitbit-surges-in-trading-debut/?intcmp=bigtopmarketfeatures
JPMorgan’s Jimmy Lee: The Master Dealmaker’s Legacy
The death of JPMorgan Chase Vice Chairman James “Jimmy” Lee shocked Wall Street. He was considered a master dealmaker, father of the modern-day syndication loan market, and a formidable competitor. But for many, he was much more. Bloomberg’s Betty Liu remembers Jimmy Lee and his legacy. (Source: Bloomberg)
Zero percent forever!
A few years back, we started the sarcastic, tongue-in-cheek mantra that “they will never raise rates unless the market makes them!” They have not let us down. In spite of pundits continually telling us when rates will go up, in spite of the fed constantly teasing, nothing ever happens. We have not had a rate…