The Traderszone Network

If they were judging the economy by the monthly jobs report, working Americans would be popping champagne corks. Yet average Americans remain gloomy about the current economy and anxious about its future.

The dollar is on its best winning streak since it ditched the Gold Standard. But that’s hardly good news for gold bugs, who have seen gold give back all of this year’s gains.

U.S. stock index futures were trading modestly higher on Wednesday, putting the S&P 500 on track to snap a three-session losing skid, ahead of data on the housing market. * Providing support was a renewed …

We can now put to rest the debate whether the “most transparent in its communication” Fed, is also the most confused (if not to use a far more derogatory word) ever.

One one hand, Bloomberg reports that Fed Chairman Yellen laments that “she wants investors to be prepared for the possibility that the Fed will raise interest rates sooner than they currently project” and yet “her words are going unheeded.”

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Korean company says the move is not reflective of conditions in other regions.
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• A Month of Bombs Dropped in One Night of Strikes on Syria (BBG)
• Air strikes in Syria hit Islamic State-held areas near Turkey (Reuters)
• Pimco ETF Draws Probe by SEC (WSJ)
• Shadowy al Qaeda cell, hit by U.S.

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If yesterday the bombardment, no pun intended, of bad news from around the globe was too much even for Mahwah’s vacuum tubes to spin as bullish – for stocks – news, then tonight’s macro economic updates have so far been hardly as bombastic, with the only real news of the day has Germany’s IFO Business Climate reading, which dropped from 106.3 to 105.8, declining for the 5th month in a row, missing expectations, and printing at the lowest level of since April 2013!

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