THURSDAY 9/25/14; Durable Goods; AAPL iPhone6 Problems; Russia May Freeze US Assets; Stocks Collapse; NKE; MU

Asia is in a happy mood following the US rally created by ECB and Fed stimulus talk. Traders also expect China to increase stimulus which buoys markets. The WSJ reports that Chinese President Xi Jinping may replace Governor Zhou Xiaochuan at the PBOC with Guo Shuquing. The shift in personnel may indicate that internal battles are occurring within the PBOC and Chinese government concerning the economic path forward. Empty Chinese cities can only collect dust 




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s that ‘if you bend your iPhone6 or drop it due to the slipperiness do not look at us to replace it’. AAPL trades +0.6% higher.

President Obama announces the resignation of Attorney General Eric Holder a long-time confidant of the president embroiled in many ongoing Whitehouse scandals including the Benghazi and IRS cover-ups that led to the president’s reelection victory in November 2012.