On Wall Street Trading Desks, Here's What They're Chatting About Today

Business Insider

Good morning!

Dave Lutz of Stifel, Nicolaus passes along the top stories that people are talking about today.

We summarize in bullets.

  • Markets not really going anywhere, except in China, where markets soared thanks to better-than-expected industrial profits.
  • In the meantime, the S&P 500 is on an 8-day win-streak.
  • Shinzo Abe gives speech about the 2% inflation target.
  • Swiss Ministers say strong Franc is still a concern.
  • Fed like to keep the monetary "spigot" open this week, according to WSJ's Jon Hilsenrath.
  • Hedge funds increase commodity long bets at the fastest pace in 6 months.
  • The lockstep moves in global stocks are breaking down.
  • More signs of housing recovery: Sales of air conditioners/furniture/etc. are growing.

For more on what's going on this morning, see the 10 things you need to know >



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