\n\t* One piece of positive economic news ISM Non-Manufacturing Index for July surged to 60.3 - highest number in 10 years
\n\t* The ADP Employment Report came in at 185,000 jobs, well below the consensus
\n\t* June Trade Deficit rose 7.1% - in line with expectations
\n\t* June Layoffs rose to 105,696 biggest layoff number in 6 years
\n\t* Consumer Comfort Index down to 40.3 second lowest number since November
\n\t* The Atlanta Fed dropped a bombshell forecasting Q3 at just 1%
\n\t* Given this slowdown, could we possibly have a rate hike?
\n\t* The stock market has had 6 consecutive down days
\n\t* The stocks with no earnings are doing the best
\n\t* Very reminiscent of the dot com era
\n\t* The "story stocks" are selling in 2015
\n\t* Companies that actually have earnings are experiencing the greatest pressure on their share price
\n\t* Every time we have a dip in the stock market, the Fed always comes to the rescue
\n\t* Why wait until the economy is slowing down to raise rates?
\n\t* They can't do that this time, unless they want to abandon their rate hike rhetoric
\n\t* They will have to take the rate hikes off the table
\n\t* Janet Yellen continues to say rate hikes are data dependent
\n\t* The data has been bad for quite a while
\n\t* The economy is growing at the slowest pace of the entire "recovery"
\n\t* All the Fed can do is go back to the drawing board with more QE, because they can't admit that it never worked
\n\t* The money printing is just getting started
\n\t* Not that it is going to work, but it is the only policy remedy the Fed has
\n\t* Some stocks are really getting beaten up as earnings continue to disappoint
\n\t* This topping pattern has got to worry the Fed
\n\t* Any rate hike will accelerate the decline
\n\t* We have a stock market bubble and raising rates will prick that bubble
\n\t* Ben Bernanke created the stock market bubble thinking the "wealth effect" would cure the economy
\n\t* Bernanke would not acknowledge that bubbles weaken the economy because it was not politically advantageous
\n\t* The First Republican Debate was held tonight, so please follow me on Twitter for my comments
\n\t* Donald Trump is far and away the leader in the polls and he is one of the few candidates who have been critical of the Fed
\n\t* The only other candidate in the race who knows anything about the Fed is Rand Paul
\n\t* Tomorrow could be a big day - the question is, if we get a bad jobs number, will we finally have a reaction in the currency markets?
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