Good Morning profit takers! After yesterday's almost 2% stock gain in fading volume futures now see more fading in prices -0.21%. Metals are seen up tho, +0.32% and trading upwards nicely (gold and silver @ $1,138.60 and $15.74). Trade Balance report comes out today, it's been falling lately (bigger deficit) which historically points to a growing economy.
News:
The More Ben Bernanke Writes, the More He Shrinks - John Tamny, RCM
With Lehman, Bernanke May Have Misled - A. Ross Sorkin, New York Times
Detroit: How the Motor City Lost Its Mojo - Bill Morris, The Daily Beast
No, Depressed U.S. Towns Don't Look Like Zimbabwe - Annie Lowrey, NY
How to Fix Jeb Bush's Corporate Tax Plan - Robert Pozen, RealClearMarkets
Obama Must Stand Up For Free Trade - Editorial, Investor's Business Daily
Bernie Sanders Awakens U.S. to Inequality - Margaret Talbot, New Yorker
Why CEO Pay Is Going to Remain Very High - David Peetz, New Republic
How High Tax Rates Discourage Philanthropy - Rex Sinquefield, Forbes
dang, I hate it when it does that!
dang, I hate it when it does that!