I will say, if there is no spread of the disease, it will not be because the authorities did everything right protocols still need to evolve just from mistakes made in the first few hours of the New York patient. New Yorkers are tough but not dumb, and when obvious mistakes are made, they get upset, not afraid.
The question is, where is all this cash coming from? Well, people are going to have to dip into their savings; however, we could be on the cusp of another refinancing boom?
I am not sure how to communicate "the market." However, I think it is a major stumbling block for those who invest in the stock market and for those who own companies.
The midterms are two weeks from now, and either it's going to be the most boring midterm election in history, or the mainstream media isn't going to be happy about the polls, but investors might be, and of course, with so much despair out there, everyone is interested in where we go from here.
Big Blue, otherwise known as IBM, reported a disaster of a quarter this morning, sending its shares lower and crushing the stock market in the process.
For all the noise about the Fed initiating another round of extraordinary accommodation, the only change is that the first interest rate-hike will move to December of next year from September 2015. In fact, some members would like to see action sooner rather than later.
The ride is just beginning as the market gets to add corporate earnings into the mix, including Netflix which had mixed results, but failed in the all-important ability: to increase net subscriber growth.
I use the term "death swoon" for the Russell, and there's no doubt that's been the case, but death swoon can also be used to describe the amazing collapse of oil prices which is something to behold.
This is hysteria at its best, the fear is real, and very few people are immune.
The permabears are throwing out the notion of another plan to stimulate a quantitative easing (QE4). What makes this intriguing was last weeks minutes that show the Fed is very worried about weakness in the global economy, especially Europe.
Whats eating investors? I am not talking about the mom and pop retail investors. They are not moving the market as they once did; I am talking about the giant stashes of cash the institutional investors would rather park in assets like bonds, rather than park in equity blue chip companies with much larger yields.
Yes, Yellen came to the rescue, but I have to say, smart buyers were looking for an excuse that seems to come with any 4.5% pullback.
The bias is to the downside, which is fine. In fact, volatility is slightly ahead of the norm, but even so, triple-digit moves still unnerve people.
I am fond of saying that no one ever purchases a pair of Nike shoes because of Fed policy, but the policy is supposed to be that invisible hand influencing such buys. The idea that regular investors take their cue from the Fed is folly which results in the traders and trading programs overreacting.
We are always celebrating the rise of technology and its promise of a new world, but what if it is only giving us the old world at a faster speed?
There are a couple of developments that are very problematic for the markets. They are mostly traced back to Europe; however, global growth, in general, is in serious trouble.
Everyone loves the high-flyers when they go straight up, but most investors cannot deal with the volatility of the losses that come from time to time.
Late yesterday, the Centers for Disease Control and Prevention (CDC) reported the first case of Ebola in America. Officials stressed the virus will be contained, but this is the kind of stuff that nightmares are made of.
Forbes Magazine released its list of the 400 richest Americans. For the past 33 years, I have followed this list as a source of inspiration.
Right now, sources think ISIS generates $6 million a day from oil, wheat, taxes, ransoms, and even donations, and controls up to $2.0 billion in assets. What concerns me the most is the cash flow and where ISIS is banking.
Today, at 11:20 AM PT: Get the Market Movements in Advance: William's Edge Webinar for October 24th, 2014 | John Ransom
In Other News: List of "Useless Government Spending" Strangely Doesn't Include Biden's Salary | Michael Schaus
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for October 22nd, 2014 | John Ransom
In Other News: Massachusetts School Board Moves to the Right of Democrats - Becomes Socialist | Michael Schaus