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Editor-in-Charge of Markets — Reuters
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I am currently editor of Reuters U.S. Markets; former writer of WSJ's MarketBeat Blog, author of Never Buy Another Stock Again.

Morning Bid with David Gaffen

blogs.reuters.com — Fear remains in the markets - and is being tested again following the diagnosis of a New York-based doctor with the Ebola virus, even though there are just nine documented cases of the deadly disease on U.S. soil so far and just one death, the original Liberian patient who contracted the illness and who entered this country.

Morning Bid with David Gaffen

blogs.reuters.com — There's a glut of various stresses operating in the markets right now: Europe's inability to get out of its own way, the sharp fall in oil prices that probably says more about supply issues and lackluster demand in Asian markets than the United States, the uncertain path of the Federal Reserve and a nagging concern that weak inflation figures show the economy really isn't healing all that much.

Morning Bid with David Gaffen

blogs.reuters.com — Time to sit up and pay attention. Monday's end-of-day regurgitation of 100,000 futures contracts in a five-minute span around 3:30 p.m. (1930 GMT) would have been more nerve-wracking had we not already seen the same thing writ small, when about 30,000 contracts were dumped in the waning seconds of last week's trading action.

Morning Bid with David Gaffen

blogs.reuters.com — The focus heading into this week is on earnings, with about 10 percent of the S&P 500 set to report results. That represents about 19 percent of the market capitalization, with reports from the likes of Intel, Wells Fargo, and a lot of the banks coming in the next few days.

Whither Jack Grubman?

online.wsj.com — With the trial of one outsized personality from the WorldCom era now in the books, thoughts flitter to the whereabouts of another: Jack Grubman. The former telecom kingmaker and friend of Bernard Ebbers, WorldCom's founder and onetime chief who was found guilty Tuesday for his role in the $11 billion accounting fraud that brought down WorldCom, had been mentioned as a potential witness.

Morning Bid with David Gaffen

blogs.reuters.com — Heading into the end of a violent week and ahead of a slew of earnings reports, the market has swung from one extreme to another, as the average daily move in the S&P 500 rises dramatically, as futures promise another big drop at the open Friday, and as investors try to take stock of what's happening here in their beloved stock market.

Speak softly, and carry a big helicopter

blogs.reuters.com — Days like Wednesday are the ones that remind investors why the Federal Reserve is what it is, and how some believe the other world central banks cannot compete, even as some expect the European Central Bank and Bank of Japan (to an extent) to take up the slack the Fed will leave behind when it ends quantitative easing in the next weeks and prepares for its first interest-rate hike some time in the third quarter.

Morning Bid with David Gaffen

blogs.reuters.com — Just when the market thought it was out, it got pulled back in. The Federal Reserve will release its minutes later in the day that details what it was thinking during its most recent September policy meeting, but of late, the markets have been of a mind that the expectations for higher rates ought to be tempered a bit.

U.S. job openings at highest level since 2001

reuters.com — Credit: Reuters/Lucy Nicholson Recruiters wait at a booth at a military veterans' job fair in Carson, California October 3, 2014. The data for July were revised downward to show a seasonally adjusted 4.605 million job openings. Job openings are used to measure labor demand.

Morning Bid with David Gaffen

blogs.reuters.com — Beware of companies tying their fortunes to one company - something both the debt and equity holders of GTAT Advanced Technologies learned painfully on Monday, when the company filed for bankruptcy. While it's nice to look ahead at the rest of the world, the mechanics behind some of the selling is so severe that it's worth delving into just a little bit here.
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Oct 24, 2014

@ReformedBroker Step 1: Identify an Underserved Market. Step 2: ??? Step 3: Profit!!

Oct 24, 2014

@irin Usually both! Or rather, w/ former, theyre referring to Ebola, transit strikes & blackouts. The latter? No tables for brunch.

Oct 24, 2014

RT @bondscoop: If you are looking at the M/M % change in new home sales, you are looking at the wrong thing. The huge revisions make a mockery of the M/M #

Oct 24, 2014

Looks like about 20 or so have cut price targets on $AMZN, so way to stay ahead of things, fellas.

Oct 24, 2014

RT @amytennery: Live video of the congressional hearing on the Ebola crisis is up on the @Reuters homepage now: reuters.com

Oct 24, 2014

@alisongriswold Which comes first? Amazon starts making a profit, or George RR Martin releases the next Game of Thrones book?

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