The question for enterprising CFOs now is how companies game the system so they can directly sell bonds to the Fed then use the proceeds to fund stock buybacks.
For everyone who went to Vegas year after year and instead of going to one of the remarkable Cirque du Soleil performances would visit... less reputable "shows", we have some bad news: you are now out of luck.
Key events this week are the ISM manufacturing index on Wednesday and the employment report on Thursday. The minutes of the June FOMC meeting will be released on Wednesday.
"The recovery is going to be much slower and much more uneven than most people believe. Markets are priced for a much sharper V-shaped recovery, which we don’t think is likely."
Cocaine from Colombia supplies most of the U.S. market, and most of that supply now passes through Mexico, with Mexican drug traffickers the primary wholesalers of cocaine to the United States.