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Monday, March 14, 2016

Morgan Stanley cuts S&P 500 target as recession fears rise - MarketWatch

Morgan Stanley cuts S&P 500 target as recession fears rise - MarketWatch: Morgan Stanley strategists are growing increasingly concerned about the risk of a global recession, slashing forecasts for all major equity markets and advising investors to sell stocks that have recently rallied.

In a report out on Monday, the bank’s global strategy team cut its 12-month target for the S&P 500 index SPX, 1.64% �to 2,050 from 2,175, indicating the U.S. benchmark over the next year only will rise 1.4% from its close of 2,022.19 on Friday. This comes after the index rallied 8.4% over the past month, driven in part by a rebound in oil prices and upbeat economic data from the U.S.

We Will Make It Through 2016 | Agweb.com

We Will Make It Through 2016 | Agweb.com: You have to be careful when someone throws out a glib statement like “low prices are the cure for low prices.”�

Well, that’s kind of true, but it’s more like chemotherapy than a cure, right? I’ve talked to any number of my friends who like me are in transition to a younger generation and one common theme that has come out this year while I’m here is “well, you know we’ve got these young guys that have never seen a downturn.” And there’s some hint in�there of�“This will show ‘em. I’m tired of those whippersnappers thinking they can do everything just because they can program the yield monitor.�I’m tired of getting beat up about that. This will show ‘em.”

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are mixed as the CFTC report shows funds adding to already short positions in corn. Macro markets are calm as traders wait for Fed Meeting results mid-week.

Corn, soybeans and wheat will start this week with a positive bias after last week’s strong performance. Corn closed up 6 �, soybeans up 17 � and wheat up 15 cents, however, there is concern mounting that any further rally could cause a pickup in grain movement domestically.

Rains across the Midwest and Delta should not be much of a problem to early planting. South America received some rain this weekend with more in the forecast. The benefit of rain overrides the slowdown in harvest.