Hated when i read it in seventh grade. Once i learned more about what drives stocks i realized Great Expectations or poor expectations often determine where a stock or an entire market can go in a given session. Thats what we saw with the doi gaining, s p 500 climbing and nasdaq up 4. 4 . In the last 24 hours of trading, almost everyone knows about panera bread, Buffalo Wild Wings, often people buy shares in what they know. I get that. Cant blame them. As long as they do homework on the company. I like the asian Chicken Salad at panera low cal even though i sneak in the big chunk of bread. Every year i try to catch an nfl game at Buffalo Wild Wings, were due for another staff party there. Last time i put the blow torch sauce on my wings, way too hot but it didnt matter because i had a lot of tiny wings and you dont need a fire extinguisher if you got the kind that doesnt have all the meat on it. By the way. Anyway hhaexcuse me. I got the hot ones. But the way you or i might buy shares
Thisfficial chinese pmi, is where the distinction is drawn. We can consider it grateful for a little bit of calm. Anna a little bit of stabilization preg20, better than estimates, better than the july number, but not convincing everybody. Manus it has not. Let us take it off. What we have here is the insurance against default. Every single month, every single month for the past five months the market has been adding 2 billion over the past five months, the biggest increase in 59 countries throughout the world. You can say to me , just around 152 basis points, still only 8 probability that china will default. What im trying to say there is momentum. A carriage of travel for default insurance. Anna not the people expecting the Chinese Government to default, but is very few ways to hedge chinese exposure, and if this is on the rise that is of interest to the markets, especially ahead of the g20. The risk radar, positive data that we have had out of china, released the official reading boo
Worlds most powerful central bank cited low inflation and a weak Global Economy as reasons not to raise Interest Rates. Steve liesman joins us now with more on her speech. So what did she say . She said that she associated herself as among those who believe that the Federal Reserve will raise rates, it will be appropriate to raise Interest Rates this year. The importance of that is last week when sme spoke she said other members of the committee, and wouldnt answer the question when asked about what she actually believes. Now you can count the fed chair as among those who think rates ought to go up sometime later this year, and i think i know what your followup question is. Does this mean they will, and when . If the chair says, its likely to happen. Although she did give the obligatory caveat of depends on the economic data, it could happen later or it could happen earlier. So the question the market is obsessed over is this it will happen next month in october or will it happen in de
The head of what is arguably the worlds most powerful central bank cited low inflation and a weak Global Economy as reasons not to raise Interest Rates. Steve liesman joins us now with more on her speech. So what did she say . She said that she associated herself as among those who believe that the Federal Reserve will raise rates, it will be appropriate to raise Interest Rates this year. The importance of that is last week when sme spoke she said other members of the committee, and wouldnt answer the question when asked about what she actually believes. Now you can count the fed chair as among those who think rates ought to go up sometime later this year, and i think i know what your followup question is. Does this mean they will, and when . If the chair says, its likely to happen. Although she did give the obligatory caveat of depends on the economic data, it could happen later or it could happen earlier. So the question the market is obsessed over is this it will happen next month i
The head of what is arguably the worlds most powerful central bank cited low inflation and a weak Global Economy asba reason not to raise Interest Rates. Steve liesman joins us now with more on her speech. So what did she say . She said that she associated herself as among those who believe that the Federal Reserve will raise rates, it will be appropriate to raise Interest Rates this year. The importance of that is last week when sme spoke she said other members of the committee, and wouldnt answer the question when asked about what she actually believes. Now you can count the fed chair as among those who think rates ought to go up sometime later this year, and i think i know what your followup question is. Does this mean they will, and when . If the chair says, its likely to happen. Although she did give the obligatory caveat of depends on the economic data, it could happen later or it could happen earlier. So the question the market is obsessed over is this it will happen next month