| The KUIK Morning Market Report for Monday, August 10: | |||||||
| Markets are up. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Up | 181 | points | 17,556 | 6:58 AM | ||
| S&P500 | Up | 1.0% | percent | 2,098 | 19.94 | ||
| Nasdaq Composite | Up | 1.0% | percent | 5,096 | 51.99 | ||
| 30 Year Treasury | Up | 4 | Basis Points | 2.87 | Annual Yield | ||
| The Federal Reserve is concerned about low inflation and won’t move before it sees inflation returning to more normal levels, according to Fed vice chairman Stanley Fischer. In an interview today he said that “employment has been rising pretty fast relative to previous performance and yet inflation is very low.” And that the economy still hasn’t returned to normal times. | |||||||
| Donald Trump said today that he agrees with Democratic presidential candidate Bernie Sanders’ opposition to President Barack Obama’s trade policy. Sanders “has struck a nerve. He knows the problem at least,” Trump said in an interview on MSNBC. The difference between them is that Sanders is “is not going to do anything about it” while Trump said he could negotiate good trade agreements with the Chinese. Asked about three ideas to restore the economy’s health, Trump said he would trim the fat of the federal government, simplify the tax code and give incentives to spur investment in depressed inner cities. He said he would like to simplify taxes to the point where H&R Block would be out of business. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/no-rate-hike-until-fed-sees-inflation-returning-to-normal-fischer-2015-08-10 | |||||||
| http://www.marketwatch.com/story/donald-trump-says-he-agrees-with-bernie-sanders-on-trade-policy-2015-08-10 | |||||||
| For today’s Morning Market Report click to listen-> | |||||||