Today for the annual running of the bulls. Joe, any interest in doing this . No. Never . Never. Thousands cram into the streets to watch. Some participating and while bulls are seeing red, joe referred to this earlier, the Nobel Prize Winning Economist Joseph Stiglitz has a market message for the bulls there. He is uncomfortable with stock market levels and stiglitz argues that the high levels doesnt signal a high level in the u. S. A very strong stock market price is a symptom of the weak economy, not a symptom that we are about to have a strong recovery to our real economy. I dont think he is headed to pamplona any time soon. The fact that my multinationals are getting a large chunk of profits from emerging markets. Wait a second, you would run with the bulls . I clearly have an ambition to do that. You cant do that. Its a touch of bait interesting thing to do. You are looking at me like im crazy. Joe said it was a counter what was your i didnt know you needed a nobel prize to say th
S p futures up by just over 3. 5. The nasdaq up by 6. 5 points. Also in europe this morning, Philadelphia Fed president Charles Plosser pointing at the weather for a blurry economic forecast. As you pointed out, it has been very noisy. Weve had storm after storm after storm, particularly on the east coast. Its been very difficult to get a decent reading on the economy. I think its important that we sort of take a step back, be patient here, and not overreact to whats going on because we just dont really know for sure yet. The fed beige book yesterday citing the weathers impact on the nations economic conditions. Well see if weather is a factor in todays collection of economic reports. At k8 30 a. M. , we get weekly jobless claims. The economy is expecting a reading of 338,000 to 348,000 we saw the week before. And at 10 00 eastern time, the january factory orders report will be released. Thats a decline of 0. 3 is what economists are looking for there. Treasury secretary jack lew will
CONCORD – The Cabarrus County Convention & Visitors Bureau welcomes Kristina Parese as social media manager. In this role, Parese supports the CVB’s marketing department by managing the Bureau’s social
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