Tuesday, August 30, 2016

Denmark cuts economic forecast because of Britexit. Apple fined 14.5 billion. Case-Shiller maybe trouble ahead for economic.

Denmark cuts economic forecast because of Britexit.
Apple fined by the EU, for Irish tax dodge.
Case-Shiller index shows real estate still going up by at slower pace, maybe a sign of economic downturn.
Will Fed raise interest in Sept. ? I don't think so, I think they will wait until the Presidential election is over: because interest hike might lead stock market to take hit which would help Trump,so in a way, I can't blame them for hold off raising rate until after the election,Trump is a nut job.

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