Here's What Traders Are Reading About Over Coffee This Morning
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Dave Lutz of Stifel, Nicolaus passes along the topics traders are thinking and reading about this morning over coffee.
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Here are a few of the key ones that have stood out and summarized by us.
- Chinese services PMI. Came out last night. Was strong. (Bloomberg)
- Deflation trap worsens in Europe. (Telegraph)
- Germany is being pushed to spend more money. (NYT)
- Philly Fed President Charles Plosser still worried about inflation. (Bloomberg)
- Larry Kudlow: The liberal dream is crumbling. (CNBC)
- Commodities drop to a 4-month low.
- Walmart and widows will be hurt by food stamp cuts. (Bloomberg)
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- Luxury “floating” beach unveiled in France, termed an “ecological aberration”
- Scientists think they’ve spotted 60 potential alien power plants in the Milky Way!
- Bread, butter, milk-based health drinks, cooking oils classified as ultra-processed food, ICMR advises restriction
- Debt, equity holders approve merger of IDFC with IDFC First Bank
- Sunrisers Hyderabad to take on Punjab Kings as they look to grab the second spot in IPL points table