General Electric freezing pension plan for 20000 US employees – msnNOW

© Stan Honda / AFP/Getty Images A sign outside the corporate headquarterGeneral Electric is freezing the pensions of 20,000 U.S. salaried workers to reduce billions in future pension obligations and trim debt. About 700 employees in its supplemental pension program, geared toward executives, will also have their pension benefits frozen. The company said the change [...]

By |2019-10-08T11:04:32-04:00October 7th, 2019|Morning Thoughts by Kenny Polcari|

Mkts on Edge as They Await the ISM Report, Trump to Impose New Tariffs on the EZ – Try the Penne Rigate

Things you need to know. -          “I feel the earth move under my feet; I feel the sky falling down…. I feel my heart start to trembling…..”  Carole King – I Feel the Earth Move – April 1971  ( -          Watch the eco data this morning at 9:45 and 10. -          Trump threatens to impose [...]

By |2019-10-03T11:06:22-04:00October 3rd, 2019|Morning Thoughts by Kenny Polcari|

Fears of a Global Slowdown Cause Mkts to Shudder; Trump Chimes In – Try the Greek Style Filet of Sole

Things you need to know.   - Global mkts under pressure as the slowdown chatter builds - US futs getting clocked again – about to test intermediate support at 2924 - Schwab and TD cut commission to ZERO – but it ain’t FREE Stock finished deep in the RED,  headlines scream:   “World Economy Sends [...]

By |2019-10-02T11:04:52-04:00October 2nd, 2019|Morning Thoughts by Kenny Polcari|
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