Written by Jim Welsh
Weekly Technical Review 02 May 2016
In last week's WTR and in anticipation of the FOMC's meeting on April 27, I asked the question, 'What Will the Fed Say'? My answer was simple.
'No matter what, I think the odds favor at least a slightly less dovish message in the FOMC statement than in March.'
Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.
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Written by Sig Silber
The May update does not show it, but the 6 - 14 Day Outlook indicates that NOAA finally recognizes that the weather pattern is northerly displaced. It has only taken four months for NOAA to notice that something is different this year. We continue to discuss that subject and also present the May update.
Infographic Of The Day: Top 10 Floating Wall Shelves For Your Home
Floating shelves are shelves attached to walls, generally made of light-weight material such as medium-density fibreboard (MDF).
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by Rodger Malcolm Mitchell, www.nofica.com
Every politician tells voters he/she plans to bring jobs back to America. It is a lie, designed to fool desperate people.
It is a lie when Donald Trump says it. It is a lie when Ted Cruz and Hillary Clinton say it. It is a lie when Bernie Sanders says it.
by Lance Roberts, Clarity Financial
Over the last couple of week's, I have written extensively about the breakout of the market above the downtrend resistance line that traced back to the 2015 highs.
02May2016 Market Update: DOW Up Almost Triple Digits, Crude Prices And US Dollar Sliding, But Expect
Average gasoline prices rose 7.7 cents per gallon nationwide this past week following the previous week's 2.5 cent rise.