Mar. 10, 2017 – 4:55 – Bob Knakal, Chairman of New York City Investment Sales at Cushman & Wakefield, weighs in on the commercial real estate climate.

Mar. 10, 2017 – 4:55 – Bob Knakal, Chairman of New York City Investment Sales at Cushman & Wakefield, weighs in on the commercial real estate climate.

The auto industry recalled a record 53.2 million vehicles in the U.S. in 2016, according to the U.S. Transportation Department. Get a First Look at the Dodge Demon — It Will Probably Be the Fastest Muscle Car Ever at Over 900hp

In late February, I previewed Lowe’s fourth quarter. The December analyst meeting helped restore investor confidence in the company and I thought the stock could trade into the low-to-mid-$80s.

An oversold market combined with a better-than-expected jobs report was a good setup for this market to bounce, but so far it has been a poor attempt by the bulls. The indices are slightly positive and we have the best breadth we have seen in a while, with about 4,100 gainers to 2,400 decliners.

An oversold market combined with a better-than-expected jobs report was a good setup for this market to bounce, but so far it has been a poor attempt by the bulls. The indices are slightly positive and we have the best breadth we have seen in a while, with about 4,100 gainers to 2,400 decliners.

On Friday morning, the Labor Department reported that the U.S. economy added 235,000 jobs in February, better than expectations for around a 200,000 job increase. With a broadly strong report, investors now look ahead to next week’s Federal Reserve policy meeting, where expectations for a rate hike have now increased to over 90%, according to the CME.

The Labor Department’s February employment report is likely to indicate that a lot more Americans are finding jobs in the world’s largest economy, but markets may be more sensitive to the pace of wages for people already in work for the next leg up in the global rally. Non-farm payrolls are expected to have increased by around 190,000 last month, according to the broad consensus on Wall Street, taking that headline unemployment rate down to 4.7%.

The decade long athleisure apparel trend could be finally dying out, which wouldn’t be sexy news for its pioneer Lululemon . Analysts at Canaccord think the jig is up for the trendy Lululemon, according to a recent note, in which they speculate that the brand’s customers aren’t coming back in the same numbers.

Given how quiet and generally muted the selling has been in the E-Mini S&P 500 futures this week, it’s understandable that many traders might have a difficult time accepting that shorter timeframe bearish excess began to trigger during Thursday’s regular selling. The current decline in the Es contract began on March 2. But as you can see on the 30-minute, regular-session Es chart above, the only time anything resembling bearish excess has been triggered was during Thursday’s auction .

“The monetary climate – primarily the trend in interest rates and Federal Reserve policy – is the dominant factor in determining the stock market’s major direction.” Over the past eight years, the great irony of the stock market has been that it has steadily moved higher despite a mediocre economic recovery.

Just over four days were lost to sickness per UK worker last year – the lowest since records began, official figures show. Sickness absence totalled 137 million working days last year, the equivalent of 4.3 days per worker, the Office for National Statistics said.