Record cold, record snow, and record high stock prices.
Hope you are enjoying your Presidents Day Weekend.
Here are some great reads to keep you busy:
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Morning Reads
Friday Morning Reads – 2/13/15
Tomorrow is Valentines day, now may be a good time to head out to the card store for your wife, before the only ones left are for Great-Grandmothers. That likely will spoil the nice long Presidents Day weekend we have. Monday the market is closed.
Futures are starting the last day of the week higher and ever closer to new record highs.
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Thursday Morning Reads – 2/12/15
Another day, another Central Bank move has lifted stock futures higher. .. go figure. Greece negotiations will resume Monday, stock futures initially rallied on that news, but then fell, but not for long. The BOE is this morning's headliner with more, just buy it baby, type talk. Stock futures are now up .5% . Crude oil is recovering. It's been a nasty two day slide for crude, with some $19 puts on Monday going for over $1.00. The short term 'crash' I was looking for came to fruition. Looks like the Central Banks don't mind letting a few things fall.... which is nice.
Here is what I am reading this morning.
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Wednesday Morning Reads – 2/11/15
U.S. stock-index futures were little changed after equities reached their highest level this year as investors await the outcome of a meeting between Greece and its creditors.
Germany is maintaining Greece must comply with its bailout terms, while Greece is trying to drum up support for a 10 billion-euro ($11.3 billion) bridge plan to stave off a funding crunch and buy time to win an easing in austerity terms. Any deal would require a softening of Germany’s stance.
Here is what I am reading this morning:
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Tuesday Morning Reads – 2/10/15
Stock futures struggled for direction on Tuesday, pinned down somewhat as investors continued to watch Greece-related headlines and after another batch of downbeat data came from China overnight.
Fresh data from China showed consumer inflation at a five-year low, suggesting weak consumer demand. Meanwhile in Greece, officials said late Monday that they plan to proposed a debt-compromise plan to creditors in Brussels on Wednesday. The country still plans to reject some of the strictest austerity conditions, and the brinkmanship between Greece and its international creditors has been rattling markets for days.
Here is what I am reading this morning:
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