Top 'o the marnin' to all! After yesterday's solid gains w/ stocks and steady basing in metals we're now looking at solid gains w/ metals and steady basing in stocks (futures +0.3% metals & -0.07% stocks). The end'o'week report flood's easing back w/ just PPI, Core PPI, and Mich Sentiment. No worries --what could possibly happen on Friday the Thirteenth?
News-
U.S. 2015 profits forecast to grow 1.7 percent; oil, dollar are concerns Corporate America's profit engine may be running out of steam. Wall Street analysts, expecting two quarters of declining earnings, are banking on a second-half recovery to keep 2015 from becoming the worst year for profits since the last recession.
Asia stocks mostly gain as weak US retail sales undermine rate hike expectations Fox Business - 6 hours ago FILE - In this Monday, Aug. 8, 2011 file photo, a pedestrian walks past the New York Stock Exchange in New York. Financial stocks are leading an early gain in U.S.
Go Ahead, It's Perfectly OK to Bash the Fed - Ramesh Ponnuru, Bloomberg
What Does the Fed Mean? Be 'Patient' - James B. Stewart, New York Times
-- threads:
- U.S. household net worth posts biggest gain in a year
- Compare current president and past presidents using federal government economic data.
- Greece Passes Law To Plunder Pension Funds
- What Americans Think Is The #1 US Problem
- Retail sales slide for third month in a row
- Robert Reich: The 3 biggest myths plaguing the U.S. economy
- Working Class Gives Up On Obama, Fears Job Losses [opening for Republican Party]
- Could Scott Walker Be the Next Calvin Coolidge?