FA Notes
Market +0.08%
-Q2 GDP 1.7 vs. 1.7 est. Price index 1.6 vs. 1.6 est.
-ECB Draghi editorial "fulfilling our mandate sometimes requires us to go beyond standard monetary policy tools” "This may at times require exceptional measures" Link
-TrustEgg allows anyone to setup a trust for their kids Link
-NYTimes Pogue says imminent $AMZN movie deal coming for thousands more streaming movies: http://nyti.ms/Q1ST5r
-$JOY call: China deceleration last few months. "surprised how quickly and deeply" in China. "1/2 prior year’s growth rate"
-$JOY order bookings: underground mining -25.5% y/y, surface mining -38.5% y/y.
-$JOY PR: "the deceleration of China demand has deteriorated international markets more quickly and severely than previously expected"
-$JOY PR: "outlook for our business has continued to decline over the past quarter"