It's a lovely new Monday! We got metals up and stock futures off; econ reports this AM:
Empire Manufacturing
Empire Manufacturing
Industrial Production
Capacity Utilization
News:
China anxiety knocks shares, oil Reuters - 7:27am LONDON (Reuters) - Stock markets fell on Monday after China's factory output grew at the weakest pace in nearly six years in August, while worries over the impact of another round of sanctions on Russian projects added to headwinds for Moscow-listed ...
Insider Buying Continues This Week as Market Trades Lower
This chart says the S&P could rally another 20% They say you can’t know where you’re going until you know where you’ve been. And that seems to hold true with the S&P 500, at least according to one technical analyst.
Will Apple's digital wallet kill the card swipe? Will Apple's digital wallet kill the card swipe? NEW YORK (AP) — Apple wants the plastic credit card to become as rare as the paper check. On Tuesday, the company announced Apple Pay, a digital payment system that lets people pay for retail store purchases using their phones rather than cash or… Associated Press
A Scary World, But Investors Trust The Fed - MoneyBeat
The Dollar Rally Is A Stress Test - Ambrose Evans-Pritchard
Prices, Paul Krugman & Consistency - Warren Meyer, Coyote Blog
Housing: Price Cuts Are Back - Bill McBride, Calculated Risk
How To Navigate A Bear Market - A Wealth Of Common Sense
The Strong Dollar Effect On Stock Markets - GaveKal Capital
Don't Believe Mr. Obama's Engineer Shortage Hype - John Tamny, Forbes