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Indecision continues to creep into the markets

Cory
March 6, 2017

Kicking off today with Chris Temple with comments on the general mood of investors. People are still waiting for Trump to actually introduce some tax reform and clarity on US health care. We also had China lower its growth expectations which is adding to this indecision.

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Discussion
8 Comments
    Mar 06, 2017 06:43 AM

    Trying is the word that Trump is facing in dealing with the bureaucrats that don’t have a clue about what goes on in the real work world. DT

    Mar 06, 2017 06:20 AM

    On healthcare, sadly, whatever emerges in a new law, could likely have been obtained in the original had people been willing to respect each other and work together for the ‘people’ instead of their money handlers. It’s always easier to gripe and bitch than to help add the ‘fixins’. Obviously, the far right republicans spent lots of time bitchin and little time thinking of their replacement format. Now, even many of their supporters still don’t want to lose any of their benefits. I’m reminded of a sign I saw prior to the election: “Kill big gov’t; throw the bums out; Keep your hands off my Medicare.” JMO
    Cory and Chris: How come nobody has yet addressed the upcoming debt limit debate? A couple pundits I’ve read think it may be the most important thing facing us at the moment.

    Mar 06, 2017 06:26 AM

    I discussed it a couple times last week…maybe even on the weekend show too —

      Mar 06, 2017 06:28 AM

      Thanks, I’ll re-listen.

      Mar 06, 2017 06:10 PM

      Chris,
      are you still holding FEYE ?

        Mar 06, 2017 06:51 PM

        That’s VERY long gone

          Mar 06, 2017 06:16 PM

          Any value in it or is it compost pile material?

    CFS
    Mar 06, 2017 06:48 PM

    Rates On US Treasury Bills Rise To Highest Level In 8 Years
    Associated Press – 7 minutes ago
    WASHINGTON (AP) — Interest rates on short-term Treasury bills rose in Monday’s auction to their highest levels in more than eight years.

    The Treasury Department auctioned $30 billion in three-month bills at a discount rate of 0.745 percent, up from 0.515 percent last week. Another $24 billion in six-month bills was auctioned at a discount rate of 0.835 percent, up from 0.670 percent last week.

    The three-month rate was the highest since those bills averaged 0.900 percent on Oct. 27, 2008, during the financial crisis. The six-month rate was the highest since those bills averaged 0.840 percent on Nov. 17, 2008.