APPL says PC demand will go down 40%, and drops shipments

APPL has a huge percentage of global phones, and people waiting to buy and show off their new purchase. But last year or two most tech news talks about their low quality laptops (differentiated from high quality years ago) and spyware phones (differentiated from perceived secure phones years ago). The general public doesn't know or care about these items though. But piece by piece the tech knowledge seems to be filtering over to them.

Job report shows unemployment not near where Fed wants it to be, increasing chance of 25pt hike.

WFC says might be worst earnings season in years. Everyone watching earnings for some info on what commercial real estate (watching bank earnings for this) is doing.


A lot of these commercial real estate mortgages have clauses saying your interest has to be under a certain ratio. When your interest rate quadruples, all of a sudden you're no longer under those caps. So it's much harder to refinance, and at the same time banks are holding cash more dear.