Financial Review

2500

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-09-15-2017.mp3Podcast: Play in new window | Download (Duration: 13:16 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS….Dow and S&P 500 hit record highs. Retail sales slip. Industrial production down. Oracle disappoints. Equifax continues to disappoint and outrage. Dangerous airline seats. Goodbye, Yellow Pages. Financial Review by Sinclair Noe for 09-15-2017

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Financial Review

No Expectations

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-09-16-2014.mp3Podcast: Play in new window | Download (Duration: 13:15 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review DOW + 100 = 17,131 SPX + 14 = 1998 NAS + 33 = 4552 10 YR YLD un = 2.59% OIL + 1.79 = 94.71 GOLD + 2.20 = 1235.90 SILV + .03 = 18.79 Tomorrow the Federal Reserve FOMC wraps up its meeting to determine monetary policy. Even before the Fed issues a statement, the financial press is dissecting every phrase and utterance of every Fed policymaker, and trying to impart conflated significance to every twitch of an eyebrow or overstuffed briefcase. It’s pretty simple really; not much has changed over the past couple of months; the Fed is on track to end the large scale asset purchases under QE; the Fed will raise rates at some point, unless something drastic changes; the nuances of language are inconsequential. There, I’ve just condensed about 100 articles into about 100 words, and you didn’t miss anything. You’re welcome. Today, China jumped on the QE bandwagon. The People’s Bank of China will print about 500 billion yuan, which works out to about $81 billion. They will hand out the money to the five largest banks in China. That money will eventually make its way into the financial markets. Considering the cost of printing 500 billion yuan…, US producer prices were flat in August. The Labor Department said falling gasoline and food prices restrained its producer price index for final demand last month. The …

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