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And why are so many athletes broke?

They buy $400,000 cars! SOURCE: http://www.dailymail.co.uk/news/article-3114796/Patriots-star-Brandon-Spikes-s-400-000-Mercedes-Maybach-battered-abandoned-freeway-amid-hit-run-claims.html

Required Reading Of The Day

Bond-Market Game of Chicken With Fed Is More Dangerous Than Ever Bloomberg Deutsche Bank Roiled by Departure of Co-CEOs – WSJ Dow Theory Has Investors

Still Less Than Thrilling!

By Gary Kaltbaum twitter@GaryKaltbaum Clinton, O’Malley, Sanders, Warren, the bond market (government, corporate and high yield), Reits, Utilities, Rails, Airlines, Truckers, Autos, Energy, Oil &

Good & Bad For The Week

Good U.S. employers added 280k new jobs in May, beating estimates for 220k Personal Income rose at 0.4%, beating estimates for 0.3% The ISM manufacturing index