Earnings JNJ, KO, C

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There is another hint at a deal in Washington. Please, these false starts have generated so many penalties yards that they are going backwards. While I do remain optimistic that a deal will get done and that it will come, as per usual, in the 11th hour, I also have a slight feeling of dread Read more…

Nobel Prize?

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The market is under pressure in the pre-market this morning and guess what, Republicans and Democrats couldn’t get along. After a huge rally on Thursday, all based on hope and a White House meeting, speculation swirled that there would be some resolution over the weekend. So now, we are here, 14 days into a government shutdown Read more…

Bank Earnings – JPM / WFC

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The market had a huge rally yesterday; it was as if it was telling the President, “Take the Deal!” I wrote last week that the Republican’s strategy should be to raise the debt ceiling first, to get that OFF the table, and to pass it clean. That removes the biggest concern and most of the Read more…

Line in the Sand?

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Is the ice thawing in Washington? The pre-market futures think so and we are seeing a huge rally. The market, to date, has not taken anything in Washington too seriously. The nation and market has become numb to the fear mongering. First, it was the “Fiscal Cliff”, then it was the “Sequester”, now it is Read more…

Yellen and Yum

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I was away for a couple of days and came back to just more of the same. We are in day 9 of the government shutdown and the Republicans and Democrats are still pointing fingers at each other with no real discourse. However, unless you are inside the Beltway, or watching MSNBC, the majority of Read more…

Error 404

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Due to the Federal government shutdown, the Market Preview could not be found… Just kidding, I am out of the office today and tomorrow. The Market Preview will return on Wednesday.

Labor Report?

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Day 4 of the shutdown and the rhetoric in Washington continues on. At this point the economy is not “feeling” the impact of the shutdown. Most citizens are not yet seeing the day-to-day impact and most of the furloughed workers are not yet feeling the pain, as they have not missed a paycheck (which doesn’t Read more…

Day 3 – Jobs Data

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Day 3 of the government shutdown and so far, if media and polls are an accurate gauge, the Democrats are gaining in the polls. If the Democrats continue to gain in the polls, are they willing to bring this to the 11th hour on October 17th, the date of the default? Perhaps, but there is Read more…

Default Looms!

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We are in day 2 of the government shutdown and wouldn’t you know it, the sun still came up. While a partial shutdown of non-essential governmental services is certainly not a good thing, the amount of rhetoric and media fueled hysteria is not doing anything to resolve the problem. The real monsters under the bed Read more…

Non essential services?

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The words Responsibility and Accountability are certainly NOT synonymous with our trusted, elected politicians, on either side of the aisle. Democrats don’t want to negotiate or even discuss anything and the Republicans have resorted to in-fighting. Now, with 800,000 government employees on furlough (leave without pay), we are not sure what to make of it. Read more…

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