Top o' the mornin' to all! Another super busy day but this time w/ futures tanking metals (-0.62%) and soaring stock indexes (+0.67%). Making up for yesterday's stock plunge in astronomical volume beside gold'n'silver leaping to $1,214.85 and $16.52. Energy stocks slopped another -1.47% --almost as bad as financials at -1.53%. Anyway today's action will be stirred up even more this morning w/ these announcements:
MBA Mortgage Index
ADP Employment Change
Trade Balance
Crude Inventories
FOMC Minutes
Other headlines:
- World faces low inflation threat not seen since before WWII Telegraph.co.uk - Jan 5, 2015 Increases in the prices of goods and services in the world's largest economies are slowing dramatically. Analysts are predicting that inflation will fall below 2pc in all of the countries that make up the G7 group of advanced nations this year - the first time that .
- Stocks Aren’t Done Getting Crushed Main Street investors probably feel sucker-punched right about now, encouraged by the Dow's 1,000 point rip in just six days and Wall Street's echo chamber touting the strong seasonality of the "Santa Claus" rally — only to see that washed away in the worst start to a year since 2009. The Dow Jones… The Fiscal Times
- The last five times this happened, stocks rallied hard It’s been the most reliable trade of the past 18 months. The VIX surges past 20, and stocks soon rally, and rally hard. Talking Numbers
- 5 ways you’ll be worse off in 2015 There’s a lot to celebrate about the start of 2015, but there are also several ways consumers may feel the pinch this year.
- The Myth About TARP's $15 Billion Profit