China Moves Closer to Joining MSCI’s Widely Tracked Emerging Markets Index
Source: http://www.wsj.com/articles/chinese-stocks-wont-yet-join-mscis-widely-tracked-emerging-markets-index-1433885346
AutoNation CEO Says This Is What Drove Car Sales to 10M
Watch the latest video at video.foxbusiness.com Source: http://www.foxbusiness.com/business-leaders/2015/06/08/autonation-ceo-says-this-is-what-drove-car-sales-to-10m/?intcmp=perspectives-horizontal
Marriott CEO: The Travel Industry Is Back
Source: http://www.foxbusiness.com/business-leaders/2015/06/02/marriott-ceo-travel-industry-is-back/?intcmp=obnetwork
Required Reading Of The Day
Alibaba’s Ma: China Needs American Products – Fox Business China Mainland Shares on Track to Be Added to MSCI Indexes – Bloomberg Hillary’s Other Bill Problem – WSJ U.S. Prepares Plan to Send Hundreds More Troops to Iraq – WSJ The U.S. Economy Can’t Hire Health-Care Workers Fast Enough – Bloomberg
Chart Of The Day: Didn’t They Tell Us To Invest Overseas
Chart courtesy of Stockcharts.com
New Housing Headwind Looms as Fewer Renters Can Afford to Own
Source: http://www.wsj.com/articles/new-housing-crisis-looms-as-fewer-renters-can-afford-to-own-1433698639?mod=trending_now_1
America’s Shale Oil Boom Grinding to Halt as OPEC Stands Pat
Source: http://www.bloomberg.com/news/articles/2015-06-08/america-s-shale-oil-boom-grinding-to-halt-as-u-s-forecasts-drop
Ice…see thinner!
We are getting to that point in time again where the major indices are now in the midst of joining all the areas that are already bearish…but first, disclaimer time. EVERY TIME THE MARKET HAS BEEN IN TROUBLE, THE PIXIE DUST FROM CENTRAL BANKS HAS SAVED THE DAY. WE CANNOT COUNT THAT OUT. In fact,…
If You Think Greece’s Crisis Will End Soon, Think Again
Source: http://www.bloomberg.com/news/articles/2015-06-07/if-you-think-greece-s-crisis-will-end-any-time-soon-think-again
Home-Equity Lines of Credit See Jump in Delinquencies
Source: http://www.wsj.com/articles/home-equity-lines-of-credit-see-jump-in-delinquencies-1433777432