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Версія за 11:41, 26 жовтня 2015



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"Inflation causes reduced consumer spending, it squeezes income. The market has been making new heights. It can't go up forever," John Kornitzer of Kornitzer Capital Management in Shawnee Mission, Kansas, told Bloomberg.

Making unique investments gave us an edge over other folks. For instance, we bought raw land at the side of cities expecting that cities would grow inside it. We also bought buildings in airports that we leased to FedEx and UPS.

There aren' market moving economic releases today, but Kansas City Fed President Hoenig will speaking at 11:45 AM ET. His remarks should draw involving attention as Mr. Hoenig has been the one known dissenter at prior FOMC confabs.

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