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More evidence the fed will continue its decision on Interest Rates. Sally Fisher Stanley fischer stuck with tom keene on bloomberg surveillance. Hey talked about potential changes and whether there is policy unity within the fed. We are growing at around 2 and the problem we face is that of productivity. I do not think the dollar is fundamentally the most important factor affecting the rate of growth in productivity. Obviously, a stronger dollar has an impact on the profitability of American Companies and on how much we want to import. But the bottom line on this is we have seen an appreciatio...

If you take a look at the , you will see that Information Technology is one of the groups that is participating in the rally. Tech is coming back today. Banks are coming back today, as well. We do have to mention what is going on with oil as well. Because we had the big overnight move upward in oil prices on the news that saudi arabia and russia had agreed to Freeze Oil Production but then disappointment as that was all they agreed to do. We started to see oil move downward. We are lower on the day. Oil drillers are lower today. We did have wells fargo cutting earnings estimates for many of th...

Pay it out of cash on hand and the it line. Also committed to paying 1 billion in debt due for next year perhaps out of asset sales. They have high quality assets. Second freeport sold a 13 stake in the copper mine to metal mining for 1 billion in cash. That gives freefort the flexibilitile to unload other assets to ruse the 19 billion plus debt load. Second black hole. Momentarily filled. Third positive, the high yield debt market is plagued by the decline in sprint bonds, the telco company. Sprints owner announced a 4. 4 billion buy back equivalent to 4. 2 of the market cap. Certainly they h...

They have high quality assets. Second freeport sold a 13 stake in the copper mine to metal mining for 1 billion in cash. That gives freefort the flexibilitile to unload other assets to ruse the 19 billion plus debt load. Second black hole. Momentarily filled. Third positive, the high yield debt market is plagued by the decline in sprint bonds, the telco company. Sprints owner announced a 4. 4 billion buy back equivalent to 4. 2 of the market cap. Certainly they have money to throw at sprint to stave off the decline in the companys fortunes and bolster the ability to stay competitive versus ver...

Second freeport sold a 13 stake in the copper mine to metal mining for 1 billion in cash. That gives freefort the flexibilitile to unload other assets to ruse the 19 billion plus debt load. Second black hole. Momentarily filled. Third positive, the high yield debt market is plagued by the decline in sprint bonds, the telco company. Sprints owner announced a 4. 4 billion buy back equivalent to 4. 2 of the market cap. Certainly they have money to throw at sprint to stave off the decline in the companys fortunes and bolster the ability to stay competitive versus verizon, at t and tmobile. The com...