FBC After The Bell January 29, 2016
Came by about 50 minutes before the close and said 90 of the orders are to buy stocks. So tremendous amount of optimism, all triggered first thing this morning when japan cut a couple of interest rates. So that got a lot of folks thinking. Hey, central bank easing may be the seem around the world, including our Federal Reserve Charlie Gasparino talking a lot about this today. Not likely to raise rates four times this year. So obviously central bank easing sells great bullishness for u. S. Substantiating. We also have the gdp print come out. Disappointing but not a surprise. Everybody knew it w...
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