[expat_panama]

Happy Brexit Day!  Stock indexes saw a timid bull get replaced by a weaker bear (mild losses in even lower volume) and IBD blames it on today's Brexit vote --anyone know which vote outcome means what?   Stock futures don't know, these point to gains and these others see more losses.

Metals traders are upbeat all around w/ futures +0.67% and gold/sliver now trading back up to $$1,263.90/$17.47.

We also got---

8:30 AM Initial Claims
8:30 AM Continuing Claims
10:00 AM New Home Sales
10:30 AM Natural Gas Inventories

--and:

Lending to Poor People Didn't Cause the Crisis - Barry Ritholtz, Bloomberg
What Explain's the Fed's Rate About Face? - Caroline Baum, MarketWatch
Why You Shouldn't Discount O's Retail Hiring Boom - Jed Graham, IBD
Brexit Botch: Mutually Assured Destruction - Ambrose Evans-Pritchard,DT
Tom Woods vs. John Tamny on Fractional Banking - Tom Woods, TWS
The Scare to Healthcare Investors in the Election - David Bahnsen, Forbes
Health Care Creates Wage Inequality - Robert Samuelson, Washington Post
Why the Energy Industry Isn't Going Nuclear - Bill Loveless, USA Today
Tesla & Solar City Have Elon Musk Problem - Jen Wieczner, MarketWatch
Hillary's Message: 'Yes, I Can Fix Economy' - Neil Irwin, New York Times
Hillary's Attempt to Attack on the Economy Is Shameless - Editorial, NYP

[AndyJackson]

Why You Shouldn't Discount O's Retail Hiring Boom

Oh, yeah! Working retail selling Chinese made goods. That's the ticket. Money for nothing and the chicks for free, well except Hillary's $250,000 + presidential suites and private jets.

[AndyJackson]

Why the Energy Industry Isn't Going Nuclear

The "three ones" as a former GS VP explained to me once.

You can build a one-gigawatt natural gas plant in one year for $1B. Compared to nukes that's real cheap. And thanks to fracking NG is real cheap. And there is no risk, no need to build on spec , no need for patient capital, waiting for two decades for a return while biting nails for an NRC license, a market for your electricity, or an NGO putting you out of business because Hilary got elected.

It isn't ideology. It's pure simple straight risk-informed profit motivated economics.

[sarasota]

Doesn’t she mean that Bill will fix it because “that’s what he can do”?