TUESDAY 4/14/15; SSEC and KOSPI Record Highs; German Bund Record Low Yield 0.133%; JPM; WFC; FAST; JBHT; JNJ; Retail Sales; PPI (Producer Price Index); Business Inventories; CSX; INTC

Asian indexes are mixed after the down Monday in the States. The NIKK is dead flat. The SPASX200 loses -0.2%. The KOSPI gains +0.6% printing a new four-year record high at 2112 above the 2100 level. Singapore’s GDP is +2.1% (annualized) better than the +1.8% expectation.

The SSEC gains +0.3% printing another seven-year record high above 4168 but the HSI loses -1.6% retreating from the 28K level. The Chinese stock frenzy continues despite the pull back in the Hang Seng Index. The HSI rocket launched +13% in only eight trading days so traders are quick to lock in the easy money profits. MS strategist Jonathan Garner proclaims that 30000 (for the HSI) is “quite likely.”



























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 meeting estimates but misses on the top line with $12.78 billion versus the $12.90 billion expected. Despite the lackluster report, INTC jumps +3% and should help the tech and semiconductor sectors tomorrow. The IEA says global oil demand should increase more than previously estimated.

In the evening, Fed’s Kocherlakota, an uber dove, is worried that low inflation may continue for years (a disinflationary funk). Kocherlakota maintains his position that a rate hike should not occur this year.