Buy. Throwback thursday as we said. This day in 2003 apple opened the iiphone store. We are expecting a slight decline, a big decline now in fact at the open. The dow down, the s p by 16 t nasdaq by about 10 points. Yesterday we did see a little bit of strength but not too much. And oil prices did hit highs of the year. That was the big story. 156 points the dow expected to open down. Lets have a look at the yield on the 10 year note. We did see a dovish reaction to the fed yesterday. Yield up to 1. 9 and now down to 1. 82. Still in the middle of the range weve seen. Meanwhile the big Global Market story. The bank of Japan Holding its Monetary Policy steady and cutting its inflation forecast. Most boj watchers had been expecting more stimulus. The yen soaring on the news. The euro and dollar dropping by comparison. Big drop for the euro in five years against the yen c, the dollar in something. There has been jawboning in the news where participants were led to expect policy action. And
To buy some of the homes rounder to make sure they stay nice and pleasant. Host how did she get to yahoo . Guest this was a big upset. Yahoo was able to hire someone like her. She came back 1st, lets talk quickly. This will take up the 1st hundred 50 pages of the 300 plus page book. What i want to explore is yahoo is in bad shape. My they need someone like her. It had gone through. After that there was an interim ceo. After that there was a permanent ceo. Scott thompson was actually pushed out of the company. All that happened within the period of the year. And it was so tumultuous that there was a lot of expectation for the companys assailants higher this person. He has a great name. He has a has a vision for what to do with the company. That have been the expectation. One july day all of a sudden she was hired as the ceo of yahoo. So one reason why got into it. Basically what happens is in 2,011 yahoo fired. She was in new york. She gets a phone call famous for her aggressive tone. S
Let me go over what needs to happen before stocks can stop going down. First, we wanted a better narrative out of the Federal Reserve. Someone on twitter said why do you use the word narrative instead of story . All right. We wanted a better story out of the fed reserve. We wanted them off the nation of raising rates at a gradual pace because we are worried about inflation. You can parse the fed statement all you want. Its exactly that. They didnt rule out a march hike. Shame on them. If jobless claims spike again tomorrow want to know if the analog fed members are really ready to tighten again despite digital deflation everywhere. In fact, i thought the whole statement was downright hawkish and bad for workers. The fed still thinks inflation could be a problem despite the decline in oil which doesnt seem to take seriously and doesnt see a cessation in good luck. Box made worse, dare i say they know nothing. Second. I want to see an end to political uncertainty. To that all i can say i
Interest rates today. It left stocks sinking back into oblivion after a rally yesterday. S p sinking. The nasdaq plummeting 2. 18 . [ house of pain ] i have often commented the bear market needs to run the course before we can get on terra firma. Let me go over what needs to happen before stocks can stop going down. First, we wanted a better narrative out of the Federal Reserve. Someone on twitter said why do you use the word narrative instead of story . All right. We wanted a better story out of the fed reserve. We wanted them off the nation of raising rates at a gradual pace because we are worried about inflation. You can parse the fed statement all you want. Its exactly that. They didnt rule out a march hike. Shame on them. If jobless claims spike again tomorrow want to know if the analog fed members are really ready to tighten again despite digital deflation everywhere. In fact, i thought the whole statement was downright hawkish and bad for workers. The fed still thinks inflation
Shame on them. If jobless claims spike again tomorrow want to know if the analal fed members are really ready to tighten again despite digital deflation everywhere. In fact, i thought the whole statement was downright wkish and bad for workers. The fed still thinks inflation could be a problem despite the decline in oil which doesnt seem to take seriously and doesnt see a cessation in hiring. Good luck. Box made worse, dare i say they know nothing. Second. I want to see an end to political uncertainty. To that all i can say is its a lot worse out there. We have no idea who will win in the iowa caucuses. The two democrats are running against wall street with capital as is the gop frontrunner donald trump who castigates Hedge Fund Managers for not paying their fair share. Bernie sanders want medicare to cram down big pharma by negotiating with the compani. Holy cow. Who wonder the biotech stocks are crushed. From the stock market perspective all candidates agree on policies that are bad