《向錢汗》 (Sweatin’ Money!) EP44: Recovering From BrExit! Except Puerto

Welcome to 向錢汗 (Sweatin’ Money)‘s latest episode:

In this episode, we dabble in:

  • PMIs and Manufacturing Indexes.
  • JP Morgan needs to work on stress tests.
  • Regional Fed Statements.
  • Puerto Rico: Debt default.

Sources:
Markit Services Flash PMI Holds Steady at 51.3
Chicago PMI Surges in June
Texas Manufacturing Outlook Survey
Fifth District Survey of Manufacturing Activity
Markets Reversed on June 28: Is the Rebound Sustainable?
Consumer Confidence Pops to its Highest Since October
Muted Gains Seen in Personal Income & Spending During May
Morgan Stanley Must Resubmit Capital Plan in Fed Stress Test
Pending Home Sales Index Slips in May
US Weekly Jboless Claims Total 268,000 vs 267,000 Estimate

Tougher Fuel Rules to Hurt NatGas Vehicle Use, EIA Report Says
Fed Hawk Bullard Calls for Lower Growth –But at least No Recession
James Bullard: Fed ‘Certainly Could Do More’ in a Shock


Credit and Liquidity Programs and the Balance Sheet
US Aut Sales on Track for Best June Since 2005
June US Auto Sales Mixed. Another Record Year Still in Sight
U.S. Factory Data, Auto Sales Improve, Construction Spending Slips
Fed’s Mester Doesn’t Want to Wait Too Long for Next Interest Rate Hike
Puerto Rico Defaults on Constitutionally Guaranteed Debt

[International Markets]
Analysts Predict Australian Sharemarket Fall After Poll Deadlock
Tokyo Stocks OPen Lower Despite Global Gains

Playbook Positions:
-PHG – Down, but coming back up.
-SQ – Down. Long.
-DNKN – Up. Long.
-DIS – Down. Long.
-MCD – Down. Long.

-BAC – Long. Up.
-CZR – Short. Winning.

Recommendations:
The Origins of the Puerto Rican Debt Crisis

Companies mentioned:
-Morgan Stanley (MS)
-Nissan (NSANY)
-Ford (F)
-General Motors (GM)
-Fiat Chrysler Automobiles (FCAU)
-Honda Motors (HMC)
-Toyota (TOY)

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阿江

阿江

本人現任爲龔家令道製作主筆。關心東亞美洲兩地政治。 13=阝12=口 J=丁 (阿) L=氵 Z=工 (江) --1312JLZ (阿江) You can contact me via...

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