Chris Temple from The National Investor – Fri 6 Jan, 2017

Digging into the Jobs Data

To wrap up the markets Chris Temple joins me to discuss the jobs data that was released today. This data helped push the Dow close to 20,000 but it still came up short. We also look ahead to what will drive markets as we move closer to Trump actually taking office.

Click download link to listen on this device: Download Show

Chris TempleCory Fleck

  1. On January 6, 2017 at 1:44 pm,
    CFS says:

    SGE closed with:
    Gold $1190.85
    Silver $17.95

  2. On January 6, 2017 at 2:52 pm,
    Dick Tracy says:

    Prophecy is a hazardous occupation. The skies do not appear bright but if you hold a lot of securities are you going to diss the stock market, the party must go on until it can’t anymore. DT

  3. On January 6, 2017 at 3:00 pm,
    Excelsior says:

    The Next Bull Market Move Interview – JAN. 5 2017

    Rick Rule, President and CEO of Sprott U.S. Holdings Inc.

  4. On January 6, 2017 at 3:12 pm,
    james says:

    We will have A New World Order ! Chris !

  5. On January 6, 2017 at 5:37 pm,
    CFS says:


    Sophie and Co from RT.
    with a look at money…

    • On January 6, 2017 at 5:53 pm,
      CFS says:

      sorry, The interview started out OK, but then went crazy tin-foil hatted.

  6. On January 6, 2017 at 5:53 pm,
    CFS says:
  7. On January 6, 2017 at 6:48 pm,
    CFS says:

    BloombergJanuary 6,
    Wall Street’s most vocal champion on U.S. stocks over the past two years is now its biggest bear.

    Thomas Lee, managing partner and co-founder of Fundstrat Global Advisors in New York, published a note today saying the S&P 500 Index will finish the year at 2,275, about 3 percent lower than the median of 18 strategists surveyed by Bloomberg. His caution stems from policy risk and a yield curve adjustment he sees translating into an S&P 500 decline to 2,150 by mid-year before the index rebounds.

    The “bond market is signaling inflation confusion,” and a flattening long-term yield curve, he wrote in a client note on Friday. That “generally leads to a 5 to 7 percent selloff,” he said.

    It was Lee’s bullishness that made him the least accurate strategist on Wall Street in 2015, when the S&P 500 slid 0.7 percent. He doubled down in 2016 as the benchmark climbed 9.5 percent, and while his target overshot once again, he correctly predicted that the Federal Reserve’s decision to wait until December to hike rates and a recovery in corporate earnings would underpin stock gains into year-end.

  8. On January 6, 2017 at 7:10 pm,
    CFS says:

    Police Brace For Sri Lanka Rally Against Port Lease To China
    By KRISHAN FRANCIS – Associated Press – 2 hours ago
    COLOMBO, Sri Lanka (AP) — Sri Lanka police are bracing for a big protest Saturday by thousands of Buddhist monks and opposition supporters against a government decision to lease a major seaport to a Chinese-controlled venture.

    Prime Minister Ranil Wickremesinghe is expected at an inauguration ceremony for the 99-year lease of the Hambantota port and industrial zone to a company in which China will have 80-percent ownership.

    China invested over $1.2 billion in the port in what some analysts call its “string of pearls” strategy in countries surrounding its rival India. Although the project made losses since 2010, Sri Lanka’s government, at first critical of the enterprise, approached China seeking help to make it viable.

    Lawmaker D.V. Chanaka, one of the protest organizers, said he fears the port area will become a “Chinese colony.” He said more than 10,000 people including 3,000 monks are expected to turn out for the protest.

    Police commandos patrolled the streets of Hambantota, about 240 kilometers (150 miles) southeast of capital Colombo, set up roadblocks and stationed water cannons to prevent unrest.

    “We are against leasing the lands where people live and do their farming, while there are identified lands for an industrial zone,” said Chanaka, the district lawmaker. “When you give away such a vast area of land you can’t stop the area becoming a Chinese colony.”

    After the lease expires, it can be negotiated for another 99 years, according to the government contract. The government also has proposed to lease another 15,000 acres (6,070 hectares) in Hambantota district and adjoining Moneragala district for an industrial zone.

    The Rev. Magama Mahanama, from an organization calling itself the Monks’ Organization to Protect National Assets, said that the clergy following an ancient tradition would issue a decree to the government to stop the leasing. Historically, kings in predominantly Buddhist Sri Lanka are said to have abided by decrees issued by Buddhist monks.

    “It’s a way of conveying the message that the monks are not for it,” Mahanama said. “Ninety-nine years means at least two generations. When they (the Chinese) take root here, what’s the guarantee that we will have it back? There is a major threat of cultural erosion and demographic change.”

    Prime Minister Wickremesinghe, speaking to reporters earlier this week, said the partnership arrangement was necessary to free the country from the debt incurred to build the port. He blamed the debt on former President Mahinda Rajapaksa, whose government was friendly to Beijing.

    He said the industrial zone was necessary to make the port and the nearby Chinese-financed airport, also running at a heavy loss, viable.

    “The port can’t be taken away,” he said, adding that the former British colonial rulers did not take away the Trincomalee harbor, Sri Lanka’s airport or the Colombo port.

  9. On January 6, 2017 at 7:12 pm,
    CFS says:

    China is quietly buying up port facilities all over the world.

    Do you think they won’t use their ownership to influence trade?

  10. On January 6, 2017 at 7:18 pm,
    CFS says:

    15 minutes of

  11. On January 6, 2017 at 7:38 pm,
    CFS says:
  12. On January 6, 2017 at 7:44 pm,
    CFS says:

    Today’s Gary Savage:

  13. On January 6, 2017 at 8:35 pm,
    CFS says:
  14. On January 6, 2017 at 8:45 pm,
    CFS says: