Chart Of The Day: We Remain Bearish On The Bond Market
Interest rates sensitive areas continue to breakdown… $IYR $XLU Charts courtesy of StockCharts.com No Positions
May I Take Your Order?
Discontent Simmers Among McDonald’s Franchisees Source: http://www.wsj.com/articles/discontent-simmers-among-mcdonalds-franchisees-1433272884
U.S. Trade Gap Shrinks by 19%, Most in Six Years
Source: http://www.wsj.com/articles/u-s-trade-gap-falls-sharply-in-april-1433334808
The Clinton Sleaze…part 724!
SOURCE: http://www.washingtontimes.com/news/2015/jun/2/clinton-foundations-sweden-fundraising-arm-cashed-/#.VW7tTj5q1Zw.twitter
Goldman Sachs to Companies: Stop Buying Back Your Stock
Buy other companies instead… Read More: http://www.bloomberg.com/news/articles/2015-06-02/goldman-sachs-to-companies-stop-buying-back-your-stock
OECD Downgrades Global Growth Outlook
Source: http://www.wsj.com/articles/oecd-downgrades-global-growth-outlook-1433320202
Why Spain and Other Eurozone Countries Aren’t Feeling the Recovery
Economic growth comes with lower incomes, making it difficult to escape heavy debt loads Source: http://www.wsj.com/articles/why-spain-and-other-eurozone-countries-arent-feeling-the-recovery-1433299113
Poised again!
We get accused of being too negative every now and then. We get it. Our commentary on Washington DC as well as central banks would lead one to believe that. But when it comes to the markets, regardless of how we feel about the apparent negatives outside of the market, we believe the markets rule…
Required Reading Of The Day
Congress approves bill to resume, overhaul NSA surveillance after lapse – Fox News McCain Calls Obama’s Claims About U.S. Stature ‘Delusional’ Fox Business Man Under Terror Watch Killed in Boston – WSJ Biggest MasterCard Issuers Scuttled Deal on Target Data Breach – WSJ J.P. Morgan Hangs Up on Voicemail – WSJ Pimco Clients Pull $2.7…
Hey Kerry, why not take a Delta flight and save the taxpayer a crapload?
SOURCE: http://www.dailymail.co.uk/news/article-3106197/John-Kerry-picked-C-17-plane-airport-Geneva-breaking-leg.html