Happy New Week to All!!! Today we got Retail Sales coming out before opening bell, and our futures traders are putting metals'n'stocks flat right now. More news:
- World stocks decline on dour US earnings outlook Global stock markets fell Monday following two days of U.S. declines and forecasts of lower American corporate profits.
- Chinese GDP data to offer 'hard landing' clues
- Gold Bears Bet Wrong Again as Fed Talk Favors Bulls
- Euro zone's February output suggests gradual recovery strengthening Reuters - 1 hour ago BRUSSELS (Reuters) - Output at the euro zone's factories rose broadly in line with expectations in February, driven by production of intermediate an
- Ukraine tensions land fresh blow on struggling stocks Reuters India - an hour ago LONDON (Reuters) - There was no let-up for bruised share markets on Monday as growing fears of a military conflict in Ukraine followed last week's heavy sell-off on Wall Street, Tokyo and major European exchanges.
- High fees eroding many 401(k) retirement accounts Philly.com - 11:30am And now a new study finds that the typical 401(k) fees - adding up to a modest-sounding 1 percent a year - would erase $70,000 from an average worker's account over a four-decade career compared with lower-cost options.
- Walgreens urged to leave US to gain tax benefit Walgreens has come under pressure from an influential group of its shareholders, who want the US pharmacy chain to consider relocating to Europe, in what would be one of the largest tax inversions ever attempted.
Please note that last one (hat tip to Chgogal) the way it shows not only that taxes have consequeses, but also that the fact that shareholders are owners.