Good Morning! Stocks rallied in higher volume and the major indexes scored a fourth gain in a row Wednesday and this morning all futures markets (except energies) are up --stock indexes +0.06% and metals +0.59%. Reports today:
| Initial Claims Continuing Claims Philadelphia Fed Leading Indicators Natural Gas Inventories |
Usually reliable confirmation bias sources:
Fed-fueled stocks fly, dollar sags; oil nine-month high on Iraq Global stocks and emerging market assets rallied on Thursday after the U.S. Federal Reserve signaled that rising inflation won't trigger an interest rate rise any time soon.
China says moving 2nd rig closer to Vietnam BEIJING (AP) — China said Thursday it was moving a second oil rig closer to the Vietnamese coast in disputed waters, near where ships from the two countries have been ramming each other in a tense confrontation. Associated Press
Investors Have Reason To Expect A Great 4th Quarter - Ken Fisher, Forbes
Current Econ. Policies Not Working for Americans - Kevin Williamson, NR
The NY Times Gets Real About the Economy - John Crudele, New York Post
Lost Jobs Are Just 'Collateral Damage' to Warmists - Editorial, Investor's
What Are the Feds Hiding About Fannie, Freddie? - Richard Epstein, RCM
