July 9, 2015 | Daily JAM, Morning Briefing |
Overnight the Shanghai market gained 5.76%. The Shenzhen market moved up 3.76%. The ChiNext market on the Shenzhen exchange climbed 3.03%. That’s being touted as a “recovery.” Greece put a detailed, credible negotiating proposal on the table tonight AHEAD of the midnight deadline. Newspaper reports from Athens say the proposal includes 13 billion euros of new austerity measures in exchange for 50 billion in new bailout money.
July 9, 2015 | Daily JAM |
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July 8, 2015 | Daily JAM, Short Term |
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July 8, 2015 | Daily JAM, Morning Briefing, Short Term |
If the Fed was thinking on June 16-17 that it might hold off on a rate increase and leave the Fed funds rate at 0%, where it’s been since 2008, because of worries about Greece, I think it’s safe to conclude that, with China looking now at what is best termed a stock market in free fall, a September interest rate increase is just about off the table.
July 3, 2015 | Videos, Volatility, You Might Have Missed |
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June 30, 2015 | Daily JAM, Short Term, Volatility |
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June 26, 2015 | Daily JAM, Friday Trick or Trend, Short Term, Volatility |
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June 23, 2015 | Daily JAM, Short Term, Volatility |
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June 20, 2015 | Daily JAM, Mid Term, Volatility |
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June 15, 2015 | Daily JAM, Stock Alerts |
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June 1, 2015 | Daily JAM, Videos |
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May 30, 2015 | Daily JAM |
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