Lindsay Williams interviewed Lee Adler on Thursday, July 24. The next Radio Free Wall Street posting for subscribers will be on Sunday, July 27, 2014. See you then.
Lee Adler looks at whether geopolitical watersheds matter to the market, and why consumer attitudes are critically important to understand stock market and economic trends, with an eye to both the short term and long term outlooks. Subscribers may right click…
Early openers trundling upwards: Kiwis -0.2%, Aussies +0.1%, Nikkers +0.5% and Sth Korea +0.6%.
Nothing too exciting happening in Aussie sectors: Consumer Staples +0.8% down to Financials/REITS -0.1%.
The 2014 Social Security report to Congress is finally out (Link). The report was released four-months later than permitted by law; this is the sixth year in a row that the Report has been late. The word ‘sloppy’ comes to mind; Treasury Secretary Lew gets a ‘D’ for timeliness. I’m blown out by this […]
Israel has all the proof it needs that world opinion will never consider its right to exist important. The Obama White House, and a lot of the US News Media, portray the Hamas-Israel conflict as something like an amateur soccer …
Six years after the financial crisis, the SEC finally concluded a four-year battle with financial industry lobbyists to toughen regulations governing money market funds.
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.