It is not just Greece!
SOURCE: http://www.nytimes.com/2015/06/29/business/dealbook/puerto-ricos-governor-says-islands-debts-are-not-payable.html?_r=0
What are we supposed to do, you moron!
A little comedy. It just may be needed! RIP Chris Squire! The bass guitarist and co-founder of my favorite rock band, Yes, passed away at the age of 67. Those who read this column and listen to my radio show know how often I have written and talked about Yes. We would love nothing…
Greece’s Debt Due: What Greece Owes When
http://www.wsj.com/articles/SB11064341213388534269604581075703841095260
Maker of Police Body Cameras Is Acquired
http://www.wsj.com/articles/maker-of-police-body-cameras-is-acquired-1435515705
U.S. Panel Aims to Shield Planes From Cyberattack
Source: http://www.wsj.com/articles/u-s-panel-aims-to-shield-planes-from-cyberattack-1435537440
DOJ Girds for Strict Scrutiny of Any Health-Insurer Mergers
http://www.wsj.com/articles/doj-girds-for-strict-scrutiny-of-health-insurer-mergers-1435524588
Required Reading Of The Day
Euro, Stocks Plunge as Greece Seen on Course to Default – Fox Business Greece Shuts Down Banking System – WSJ T. Boone Pickens: $70 Crude Oil Coming – Fox Business China Struggles to Balance Volatile Markets – WSJ June Jobs Report Takes the Stage Next Week – Fox Business U.S. Treasury’s Lew Calls Greek PM…
Good & Bad For The Week
Good: Existing home sales rose 5.1% in May to 5.35 million beating estimates for a gain of 5.26 million New home sales rose 2.2% in May and hit their highest level since February 2008. New home sales rose to 546k from an upwardly revised 534k and beat estimates for 525k The Richmond Fed Manufacturing Index…
Chart Of The Day: Chinese Stocks Flirt With Bear Market Territory
Source: http://www.wsj.com/articles/china-stocks-plunge-to-the-brink-of-a-bear-market-1435322409
Travel hell!
5 hour delay…got to hotel room in NYC at 2 am. Never got to sleep as I had to be up at 530. Was woried about the Seinfeld episode where the wake up alarm did not work. Did a fabulous 2 hours with Maria Bartiromo. Will have a lot to say about markets and Obamacare…