Financial Review

You’re Fired

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-05-09-2017.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: iTunes | Android | RSS…..Comey fired. All calm on the Wall Street front – too calm. Fedspeak: some economic indicators are flashing yellow; beware Fannie and Freddie. New Moon rising in South Korea. Earnings update. Spirit in a fight with pilots and customers. Financial Review by Sinclair Noe for 05-09-2017

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Financial Review

Inflation or the Lack Thereof

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-10-22-2014.mp3Podcast: Play in new window | Download (Duration: 13:21 — 6.1MB)Subscribe: iTunes | Android | RSSFinancial Review DOW – 153 = 16,461 SPX – 14 = 1927 NAS – 36 = 4382 10 YR YLD + .02 = 2.23% OIL – 2.06 = 80.43 GOLD – 8.40 = 1242.00 SILV – .34 = 17.27 The major stock indices were higher this morning, then they dropped about the time were heard reports of a shooting in Ottawa Canada, near the parliament building. The shooting in the Canadian capital left a soldier dead and the city on lockdown. The Labor Department said the Consumer Price Index edged up 0.1% last month. In the 12 months through September, the CPI rose 1.7%. The core CPI, which strips out food and energy prices, ticked up 0.1% last month, while the year-on-year change held steady at 1.7%. Energy prices fell for a third straight month in September, with gasoline costs slipping 1.0% after dropping 4.1% in August. Food prices gained 0.3% in September and were up 3.0% from a year ago, the largest gain in nearly 2-1/2 years. Shelter costs increased 0.3% in September after rising 0.2% in August. The medical care index increased 0.2%, with prices for nonprescription drugs posting a record increase. Airline fares declined for a third straight month, while prices for new motor vehicles and apparel were unchanged. Prices for used cars and trucks fell for the fifth straight month. Wages remain stagnant. Average hourly earnings adjusted for inflation fell 0.2% …

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