Written by Gary
US markets have risen off morning lows, but remain down over 1.5%, pushing the S&P 500 and the Dow Jones industrial average down 10% as investors jettisoned stocks and scurried toward gold and bonds. Gold surged more than 4 percent today while the US dollar trades in the mid 95's. Watch for sudden reversals and volatility today.
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The Cascadia subduction zone is a convergent plate boundary that stretches from British Columbia to California. Experts say a shift in the plates will cause a major natural disaster for people living along the west coast.
Infographic Of The Day: Water To The Rescue
Is dehydration draining your employees?
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11Feb2016 Pre-Market Commentary: US Future Indexes Lower Over 1.5%, WTI Crude Slips To Low 26's, Fed's Send 'Caution' Message To Investors, Gold And Bonds Looking Good
Economics Professor: Negative Interest Rates Aimed At Driving Small Banks Out Of Business And Eliminating Cash
by Washington's Blog, Washington's Blog
More than one-fifth of the world's total GDP is in countries which have imposed negative interest rates, including Japan, the EU, Denmark, Switzerland and Sweden.
Written by Gary
US stock future indexes are down over 1.5% as new financial 'issues' plunge the Global markets into further gloom. A cautious tone from the Federal Reserve, falling crude prices are continuing to upset investors about the world economy.
The Hang Seng index tumbled almost 4% to levels not seen since mid-2012, adding to a 12% plunge since the beginning of the year. Markets are expected to open lower.
10Feb2016 Market Update: US Markets Quietly Trading Fractionally Above The Unchanged Line, Investors
Weekly Initial Unemployment Claims
The market (from Bloomberg) was expecting the weekly initial unemployment claims at 272 K to 290 K (consensus 281,000) vs the 269,000 reported. The more important (because of the volatility in the weekly reported claims and seasonality errors in adjusting the data) 4 week moving average moved from 284,750 (reported last week as 284,750) to 281,250. The rolling averages generally have been equal to or under 300,000 since August 2014.