by ogordained
UNITED STATES
- Futures can’t seem to make up their mind, indicating a mixed opening
- Core inflation figures came in line with expectations, clearing the way for another rate hike this month
- The % of small business planning to increase prices in the next three months rose to its highest level in a decade
- Retail wages have surged this year along with freight shipping costs
- Apple will build a $1bn dollar facility in Austin, TX creating an initial 5,000 jobs which could grow to a possible 15,000
- They have created 6,000 jobs this year and will continue to pursue their goal of creating 20,000 jobs by 2023
OTHER
- Theresa May survived a vote of confidence against her with 200 votes for her and 117 votes against her
- She has promised not to lead her party in the next election
- Demand for OPEC Crude Oil is anticipated to fall next quarter
- Lowes is planning a $10bn share buyback program
- Short sellers have started to go after high-yield (aka junk) ETFs
- A surge in volatility could result in some painful margin calls
CHINA
- China has apprehended two Canadian men for “harming state security” in the days following the arrest of a Huawei executive
- Demand for oil is slowing
- China plans to alter its Made in China 2025 plans to increase access to foreign companies
Views: