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What the Lord taketh away the Lord gives back...or something like that..a positive night on the Dow following better than expected retail sales...

Henry Jennings

Marcus Today

What the Lord taketh away the Lord gives back...or something like that..a positive night on the Dow following better than expected retail sales numbers..Zombieland was positive too(after falling 1% earlier) as Drug companies led the way. We had a shocker day yesterday and will NOT make up all that ground..Would expect to see around 40 points as the doubts remain. There does seem to be a growing chorus of disapproval about the prospects for global equity markets...we do need to see some earnings growth not just PE expansion..the US is in reporting season so that will be the focus for the next few weeks ...read more at ww.beeksdownunder.com


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Henry Jennings
Commentator and Writer
Marcus Today

Henry started in financial markets in London in the 80s as an option trader before coming to Sydney and spending 7 years at Macquarie Bank including a stint running equity derivatives and cash trading.

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