Why not say we missed it, sorry . First, the problems are a little less problematic than they were. For instance, the Federal Reserve is more on our side than we thought. Last night, james bullard, the hawk to end all hawks, the st. Louis Federal Reserve president who was so optimistic back in the fall is now openly questioning the need to even discuss more rate hikes because of all the turmoil out there maybe even from the last one. Thats my addition to it. Man who recognizes the facts have changed and thus he needs to change his mind, too. That level of flexibility is a good send, a tip to the hat to mr. Bullard. Second, the dollar, the bane of so Many Companies existence has ceased to climb relentlessly against the basket of currencies i follow. Sure, its roared again versus that venezuelan currency where a dollar buys you ten bolivars instead of six. Made big bet there is. Venezuela, like brazil, just keeps getting worse. And we know were still flirting with danger when it comes to
For profit taking as it almost always does after real rip snorter of a rocket rally. You may ask why is it worth bothering giving there are so many real problems out there. Why not say we missed it, sorry . First, the problems are a little less problematic than they were. For instance, the Federal Reserve is more on our side than we thought. Last night, james bullard, the hawk to end all hawks, the st. Louis Federal Reserve president who was so optimistic back in the fall is now openly questioning the need to even discuss more rate hikes because of all the turmoil out there maybe even from the last one. Thats my addition to it. Man who recognizes the facts have changed and thus he needs to change his mind, too. That level of flexibility is a good send, a tip to the hat to mr. Bullard. Second, the dollar, the bane of so Many Companies existence has ceased to climb relentlessly i follow. Sure, its roared again versus that venezuelan currency where a dollar buys you ten bolivars instead o
Season so we have a real good feel now for how companies are doing. Which means we can figure out what stocks are going to become appealing as the market comes in for profit taking as it almost always does after real rip snorter of a rocket rally. You may ask why is it worth bothering giving there are so many real problems out there. Why not say we missed it, sorry . First, the problems are a little less problematic than they were. For instance, the Federal Reserve is more on our side than we thought. Last night, james bullard, the hawk to end all hawks, the st. Louis Federal Reserve president who was so optimistic back in the fall is now openly questioning the need to even discuss more rate hikes because of all the turmoil out there maybe even from the last one. Thats my addition to it. Man who recognizes the facts that level of flexibility is a good send, a tip to the hat to mr. Bullard. Second, the dollar, the bane of so Many Companies existence has ceased to climb relentlessly agai
Maybe even from the last one. Thats my addition to it. Man who recognizes the facts have changed and thus he needs to change his mind, too. That level of flexibility is a good send, a tip to the hat to mr. Bullard. Second, the dollar, the bane of so Many Companies existence has ceased to climb relentlessly against the basket of currencies i follow. Sure, its roared again versus that venezuelan currency where a dollar buys you ten bolivars instead of six. Woe to the companies that have made big bet there is. Venezuela, like brazil, just keeps getting worse. And we know were still flirting with danger when it comes to oil. The price of crude has been able to hold steadily at around 30 of late, i want to talk about a deal between the saudis and russians not to pump everybody more than they are doing if iraq down but they have pledged to pump more, not less so who knows how there can be a deal. Meanwhile, rusty brazil, my energy expert, remember i brought him on, author of the best selling
Ends up being routine. We have become numb to this. Experian is hit by a data breach. Sending shares lower in london. Lift off. They get a bullish note while klm takes off on news of significant job cuts. Dont let the party go on too long so says San Francisco fed president jon williams of the easy policy theyre due to start reigning in. He said policy makers did not need much more data to make a decision and said if todays jobs growth was above 150,000, that would be, quote, good. Lets tell you what were expecting. What clues will todays nonfunds payroll report say, forecasts say 200,000 jobs were added in the month of september. Some are hoping for signs of a rebound after employment growth in august came in at the slowest rate in five months. It comes on the back of a solid adp report. Private employers added the strongest reading since june. They lead the way taking on 188,000 more employees. Construction hiring is also the best its been since february 2006 but the big drag was the