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Friday, October 16, 2015 6:54:54 PM
Global stocks at two-month highs, dollar up; oil down for week
U.S. Stock Investors Hitting Exits as October Rebound Continues
Bellwether Wal-Mart suffers worst week since 2008
Federal Reserve inaction could start currency war – The Street
...The stock market stays high because the Fed is not going to raise short-term interest rates. The Fed is not going to raise short-term interest rates because the U.S. inflation rate remains low. The inflation rate remains low because the value of the U.S. dollar is high. The dollar is strong because world commodity prices have fallen and have "driven up the dollar and held down U.S. import prices."...
12 US housing markets getting rocked by foreclosures
http://www.businessinsider.com/states-with-highest-foreclosure-rate-2015-10
...After seven straight quarters of declining sales, McDonald’s ...
http://www.infowars.com/mcdonalds-on-last-leg-as-all-day-breakfast-gimmick-implodes/
Foreign Governments Sell Record Amount of U.S. Notes, Bonds
There's a potential trillion-dollar troublemaker in the bond market
New Credit Suisse Survey Shows Clients Are More Confused Than Ever
Investors Help Banks Escape Bust of Oil Boom
Goldman profit plunges as market turmoil hits bond trading15 Oct 2015
- Goldman Sachs Group Inc's profit plunged 38 percent, its second straight quarterly drop,
Bank of America wealth earnings slammed by stock market rout14 Oct 2015....
NEW YORK - Bank of America Corp said its wealth management business' income plunged 19 percent in the third quarter, underscoring how stock market selloffs can torpedo even an area that banks see as relatively safe and stable.
Ignore The Media Bullsh*t – Retail Implosion Proves We Are In Recession
....All economic indicators are flashing red and warning of recession. Retail sales, that account for two thirds of economic activity, are falling. Corporate profits are plunging. Middle class Americans haven’t seen their household income rise since 1989. The last two employment reports were horrific. The number of job layoff announcements by corporations is up 36% year to date and has already exceeded the total for 2014.
http://www.marketoracle.co.uk/Article52671.html
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