Numbers are coming out better than analysts had anticipated. The other big economic report of the morning has been next. Adp employment report showing a smaller than estimated gain in employment. Perhaps the precursor to fridays report but there is not always correlation between the two. Productivity falling 1 , even as the unit labor cost rose by 3. 1 , so there has been a lot to digest this morning for investors. Overall, we are still seeing this concern over Global Growth with a scenario coming back into play in the markets. That said, all averages are already up off of the early those with the session cutting the lost that we have seen just about in half. All three major averages. If you take a look at the bond can see the Economic Data and that is what we see for the s p 500 this morning. If you take a look at what is going on with the bond market this morning at what we have ,een seeing in the 10 year note i guess we do not have it, so we will be watching that to see what is goin
Major averages here, all of them down by more than 1 . It would be tough to pin that on mario draghi since he spoke early this morning new york time. Its a broadbased selloff we are seeing today, we have energy stocks, health care stocks, financials, all trading lower and accelerating the decline. On. Day has gone interesting situation here, without a sharp catalyst necessarily as we head into the afternoon. Earlier affecting european stocks much more sharply than u. S. Stocks, coming out with a Quantitative Easing Program which he did not extend the size, he only extended the duration. Many Market Participants were surprised. I want to point out the movement we are seeing in transportation stocks today as well. The dow transportation average down 1. 7 , its lowest in about two months time. More bad news from the railroads today, Credit Suisse has been holding a two day industrials conference. Yesterday we heard some of their railways giving their outlooks. Union pacific the latest. It
Into what this means for disneys business as well as their plan to groom a successor. The muchhyped ipo has come crashing back to earth, shares fell about 12 after opening at the top of the range. Is it the german companys Business Model which is replicating u. S. Websites like airbnb and pinterest that has investors concerned . It has been a magical one for disney and bob iger as the chairman and ceo. Now, it is poised to continue as eiger continues his retirement. He was given a twoyear contract to remain on the job until 2018 which will give time for disney to pick a chief executive officer. Annual revenue has grown from 32,000,000,002 45 billion angst to Properties Like espn, hit movies like frozen. Fromnual revenue has grown 45 milliono Properties Like espn, hit movies like frozen. As much time of his as they can get, the better for the company. Of course, he has a great bench under him. I am pretty bullish on this company. Theres been so much talk about who would replace him, it
Is it the german companys Business Model which is replicating u. S. Websites like airbnb and pinterest that has investors concerned . It has been a magical one for disney and bob iger as the chairman and ceo. Now, it is poised to continue as iger continues his retirement. He was given a twoyear contract to remain on the job until 2018 which will give time for disney to pick a chief executive officer. Annual revenue has grown from 32 billion to 45 billion because of Properties Like espn, hit movies like frozen. As much time of his as they can get, the better for the company. Of course, he has a great bench under him. I am pretty bullish on this company. Theres been so much talk about who would replace him, it is really down to two people, two very highranking disney executives. Does this mean they were not up to the job . Why certainly i dont think it means that. One of them i know, the other one i have admired. I think that everyone that has worked with and would say that they are exec
Deficits. Instead, we have seen the fastest Economic Growth in over a decade, our deficits cut by two thirds, a stock market that has doubled and held inflation in the most and 50 years. 15 years. Among proposals, higher taxes on the wealthy were hiring employers to offer paid sick leave. The republican response was given by newly elected senator joni ernst of iowa. America has been hurting. When we demanded solutions, too often, rob washington responded with the same stale mindset that led to his policies like obamacare. It is a mindset that give us political talking points and not solutions. Remounted japan, the central bank has cut inflation forecast and kept its stimulus in place. The bank of japan says prices will increase in the next fiscal year. The bank of japan says Lower Oil Prices will hurt efforts to reflate reinflate the economy but will help growth in the long run. Now the mystery of the new England Patriots paired according to espn, 11 of the swell football for the patri