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The Wall Street Greek blog is the sexy & syndicated financial securities markets publication of former Senior Equity Analyst Markos N. Kaminis. Our stock market blog reaches reputable publishers & private networks and is an unbiased, independent Wall Street research resource on the economy, stocks, gold & currency, energy & oil, real estate and more. Wall Street & Greece should be as honest, dependable and passionate as The Greek.


Seeking Alpha

Tuesday, July 14, 2015

Why the Iran Deal & Retail Sales Matter to the Fed & the Market

Tuesday’s market looked to be running into headwinds in the early AM, because weak retail sales were reported this morning for the U.S. economy. Also, an agreement on Iran’s nuclear program threatens to drive energy prices lower and detrimentally impact the U.S. economy. However, by noon investors were speculating that the bad news could serve them by holding off the Fed. Of course, much of their speculation will be forced to face reality when the Fed Chair speaks to Congress this week. While the rally may have some support here, let’s not forget that while a little bad news may be nice for fending off the Fed, recessions are worse for stocks than justified rate hikes. See the full report on Iran & the market here.

Market Sector Security
At the Open 7-14-15
At Noon
SPDR S&P 500 (NYSE: SPY)
+0.1%
+0.4%
SPDR Dow Jones (NYSE: DIA)
-0.0%
+0.3%
PowerShares QQQ (Nasdaq: QQQ)
+0.3%
+0.6%
iShares Russell 2000 (NYSE: IWM)
+0.1%
+0.6%
Vanguard Total Stock Market (NYSE: VTI)
+0.1%
+0.4%
iPath S&P VIX ST Futures (NYSE: VXX)
-0.3%
-2.3%

Auto Company Shares
7-14-15 11:30 AM EDT
Ford (NYSE: F)
+0.7%
General Motors (NYSE: GM)
+0.8%
Tesla (Nasdaq: TSLA)
+1.1%
Toyota (NYSE: TM)
+0.1%

Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only.

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