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85 billion a month Bond Buying Program in place hinting no qe timeline. Hinting higher Mortgage Rates is key factors theyre watching closely. They also said they were worried about does inflation. According to adp private sector jobs increased by 200,000 in july. Higher than most economic estimates indicated. Junes number was revised higher by 10,000. Gross domestic product expanded at a pace of 1. 7 from april to june. This beat expectations. Second quarter reading followed a downwardly revised 1. 1 for the First Quarter of 2013. So good for the moment but revised downward for the past. The president is going to nominate Federal Reserve sarah bloom rskin as the Treasury Department secretary. If confirmed she would be highest ranking woman in Treasury Department history. She would replace kneel wolin. Shares of air products and chemicals moving to the upside after activist investor bill ackman announced his firm had taken a 9. 8 stake in the company for over 2 billion. This is the firm

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