Kaltbaum on JP Morgan energy woes!
February 24, 2016
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Since we are being asked: A Financial Times headline says that JP Morgan had to add $500 million to loan loss reserves because of “energy
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New Home Sales Plunge Nearly 10% In January
February 24, 2016
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For months, Gary has been telling you on TV and Radio that the market is forecasting weaker economic data. We are now seeing it happen
Few Headlines From Today’s EIA Inventory Report
February 24, 2016
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*USA EIA Crude Oil Inventories for Feb 19 3.50M vs 3.43M Est; Prior 2.15M *USA EIA Gasoline Inventories for Feb 19 -2.24M vs -1.03M Est;
More Lousy Economic Data
February 24, 2016
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Don’t worry everything’s fine: February’s Flash PMI Services Index Fell to 49.8, missed estimates for 53…
Gary’s short note on markets!
February 24, 2016
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February 24,2016 It’s happened again! Since it has happened again, we felt it necessary to send out the most important characteristic of a bear market.
JP Morgan Has $44 Billion In Exposure to The Troubled Energy Sector
February 24, 2016
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This headline caught our attention and can’t be good… They are not the only big bank with exposure to this troubled sector… “JPMorgan said it
More Fed Talk… No One In The World Knows What The Fed Will Do, Including Policy Makers
February 24, 2016
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Stanley Fischer, Vice Chairman of The Federal Reserve, said last night that no one in the world, including policy makers, know what the Fed will do
The Morning Look
February 24, 2016
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Stock Market Overview: Futures are down ahead of Wednesday’s open as the market continues digest it’s strong rally off the Feb 11th, near term low.
Amazon Web Services Takes Aim at Big Banks @FoxBusiness
February 24, 2016
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http://www.foxbusiness.com/markets/2016/02/23/amazon-web-services-takes-aim-at-big-banks.html
