DailyMarkets.com - Polcari: “Fed Sitting With Checkbook…everyone Knows It”

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• Polcari: “Fed Sitting With Checkbook…everyone Knows It”
• Oil Slide Continues
• Euro Slide Continues, Risk Aversion Remains
• Stocks Turn Mixed On Homebuilder Sentiment
• Builder Confidence Index Rises In September To 6-Yr. High, With Largest 12-Month Gain In History
• Romney Asks “THE” Urban Education Question
• US Economy Not Like Aircraft With Stall Speed – BIS Paper
• IPhone 5 Sets New Pre-order Record
• European Data Sends Stocks Lower

Polcari: “Fed Sitting With Checkbook…everyone Knows It” Posted: 18 Sep 2012 10:37 AM PDT 09/18/12 ICAP Equities’ Kenneth Polcari talks fundamentals and technicals affecting US markets. Ahead of the upcoming earnings season, Polcari weighs in on expectations for the key event … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Oil Slide Continues Posted: 18 Sep 2012 03:44 AM PDT 09/18/12 Less than one day after an unexplained sharp drop in crude prices, the slide continues as oil falls below $96 a barrel Tuesday … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Euro Slide Continues, Risk Aversion Remains Posted: 18 Sep 2012 08:04 AM PDT 09/18/12 The euro fell from the strongest levels in four months against the dollar and the yen following continued negative European … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Stocks Turn Mixed On Homebuilder Sentiment Posted: 18 Sep 2012 08:02 AM PDT 09/18/12 US stocks came off session lows following the NAHB’s housing market index rose to its highest level in over six years. FedEx shares slipped after the company cuts its profit … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Builder Confidence Index Rises In September To 6-Yr. High, With Largest 12-Month Gain In History Posted: 18 Sep 2012 07:54 AM PDT From today's report from the National Association of Home Builders: September 18, 2012 – Builder confidence in the market for newly built, single-family homes rose for a fifth consecutive month in September to a level of 40 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).  This latest three-point gain brings the index to its highest reading since June of 2006 (see chart above). "This fifth consecutive month of improvement in builder confidence … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Romney Asks “THE” Urban Education Question Posted: 18 Sep 2012 07:52 AM PDT America has a problem dealing with the truth. You do not think so? Then why is it that NOBODY  — and I mean NOBODY — in our mainstream media deals substantively with the following: 1. urban graduation rates 2. family structures in general and the rate of single parent births specifically 3. the fallout from both 1 and 2 If anybody seemingly comes close to these third rails, then the likes of Chris Matthews and others seem to rally to the defense and pull out the race card. Well, I … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

US Economy Not Like Aircraft With Stall Speed – BIS Paper Posted: 18 Sep 2012 07:38 AM PDT     The use of the aeronautical term “stalling” to describe the U.S. economy’s low pace of growth is problematic because economies – unlike aircraft pilots that crash if they make mistakes – are self-correcting and ultimately return to growth, according to a paper from the Bank for International Settlements (BIS).     Some commentators have compared the U.S. economy to an aircraft, saying it is close to “stall speed” when it will lose altitude, spin downward and crash … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

IPhone 5 Sets New Pre-order Record Posted: 18 Sep 2012 07:37 AM PDT … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

European Data Sends Stocks Lower Posted: 18 Sep 2012 02:32 AM PDT 09/18/12 Unimpressive European economic reports helped pave the way for stock prices to slide Tuesday … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

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