How Italy Is Impacting Fed Policy Expectations
In a mater of a week the market expectations of the Fed raising rates 2 more times this year has vastly decreased. Marc Chandler joins me to discuss the overall meltdown in Italy, how the Saudis are more in control of the oil market, and the overall position of the Fed. So far a lot of news is driving markets with little clarity on how it will all play out.
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Off Topic:
NEW YORK (AP) — Walmart is offering its employees a new perk: affordable access to a college degree.
America’s largest private employer, which in the past has helped its workers get their high school or equivalency degrees, hopes the new benefit will help it recruit and retain higher quality entry-level employees in a tight U.S. labor market.
The company is working with Denver-based startup Guild Education to give employees the chance to obtain a bachelor’s degree in business or supply-chain management. It will cost a dollar a day at one of three nonprofit universities with online programs that have had success working with adult learners: the University of Florida, Brandman University and Bellevue University. It plans to eventually expand to more types of degrees.
It will also offer college-prep classes for workers who need extra help. Walmart is subsidizing the cost of tuition, books and fees.
Turkey on Watch for Monetary Collapse – armstrong
Erdogan has asked all the Turkish people to convert their dollars to Turkish Lira. This is a desperate act. The rumors behind the curtain are running wild. Many are concerned that Erdogan’s policies have just destroyed the confidence in his government both internally and externally. Turkey is now on watch for a possible monetary collapse. The key monthly closing resistance stands at 42425.
https://www.armstrongeconomics.com/international-news/turkey/turkey-on-watch-for-monetary-collapse/
Jeff Sessions thought he was going to crawl into a hole until they brought down Trump. Now it’s a game of chicken
Was not there a decree back in 2009 mandating a correlation with pension in Italy with life expectancy?
I thought the pension system had just undergone the latest adjustment back in December last year, to bring the male retirement age up to 66 years and a few months.