Seventh. Some strong pmis on the continent. Our road map begins with the week to watch for 2014. The market is looking to turn around a twoweek losing streak ahead of the final fed meeting of the year that could set the tone for the taper insurance giant, aig, announcing the sale of their last business, Aircraft Leasing for 5. 4 billion in stock. Avago picking up lsi, 6. 6 billion and more rumors that sprint is mulling a move for e tmobile. With the dow and the s p coming off of two consecutive weeks of losses, investors are turning their attention to the final fed meeting of the year. Set to kick off tomorrow. The watch is on to see if they will scale back their bondbuying program. A new Associated Press poll finds that most americans see the market flat or lower by the end of next year. Only 14 believe the market will rise. 5 think it will crash. The poll suggests the general public is less optimistic than investment professionals. A lot of the targets we have seen, 2015, 2000 on the
News conference by outgoing fed chair ben bernanke. Wall street is on edge over whether he will disclose a wind down of bond buying stimulus program. Ahead of the meeting stocks went wild monday. The dow pushed up by 130the nasdaq 29 and s p by 12. Gold edge higher by 5 dollars. And oil by 71 cents. A report says a vote to approve janet yellen as the next fed chair could happen thursday. Today, president obama meets with top tech leaders to talk about the healthcare. Gov website and nsa spying. Also a snow snarl is expected for commuters from the midwest to the east coast. Take care on the roads. Glenn schultz of Performance Trust joins us now. Glenn, will it be a terrifying tuesday. Everybodys so concerned about this fed meeting. What is the bond market telling you . The bond market is telling me that theyve handicapped the odds of tapering at around 60 70 . If you compare this to the economists predictions thats about 34 of economists polled said theres going to be a taper. But you a
TOMS Capital Investment Management LP acquired a new position in AerCap Holdings (NYSE:AER – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 1,794,000 shares of the financial services provider’s stock, valued at approximately $133,330,000. AerCap accounts for approximately 5.5% […]
Elm Ridge Management LLC trimmed its position in shares of AerCap Holdings (NYSE:AER – Free Report) by 7.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 86,908 shares of the financial services provider’s stock after selling 6,914 shares during […]
Elm Ridge Management LLC reduced its position in shares of AerCap Holdings (NYSE:AER – Free Report) by 7.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 86,908 shares of the financial services provider’s stock after selling 6,914 shares during the quarter. AerCap makes up […]