Yearly Archives: 2018

Major Stock Index Recovery Percentages

Today’s big rally on the back of the Goldilocks employment report, i.e, strong jobs growth and moderate wage pressures, took the Nasdaq, with its 45 percent tech weighting,  to an all-time high.  Not the overall market, however, as the NYSE … Continue reading

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As We Were Saying…

…yesterday on politics driving the tariff  “proclamation.” It is All Politics Note, today’s announcement on tariffs was a proclamation, not even a legal document.   Only words, and we know, for certainty, with this president, words can mean whatever he wants … Continue reading

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Why ‘Deaths of Despair’ May Be a Warning Sign for America

I do worry about a world where the rich get to write the rules which the rest of us have to obey……We might be on the edge of a precipice. – Angus Deaton  Must view.  Confirms our view of a … Continue reading

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The Good Old Days

My old stomping grounds just on left – 60 Broad.  Goldie down the street on right at 90 handle Broad Street. https://twitter.com/historyinpix/status/971303696566030339  

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Now This Will Be Interesting….

Think “disarm” is the key, which is missing. Thank goodness they’re talking, however, but not going to get lathered up just yet. Didn’t the special envoy,  Jimmy Carter,  meet with the father in 2010? EXCLUSIVE Sr US official tells me S … Continue reading

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Every Little Thing They Do On Trade Is Tragic

And Half Baked. Every little thing they do on trade is tragic Everything they do is wrong Even though the politics are more dramatic Now I know trade diversion in steel is on — paraphrasing Sting’s, Every Little Thing She … Continue reading

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This Day In Market History: 1936

This Day In Market History: 1936: Hitler's first aggression https://t.co/yNuO3CbBIZ via @Benzinga pic.twitter.com/Taj0tPxiBV — Yahoo Finance (@YahooFinance) March 7, 2018

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Wealth Inequality In the United States

This is not a chart that generates confidence in future political and social stability.   It looks like the jaws of a Great White ready to bite someone in the arse. Clearly a contributing factor in the rise of populism and anti-elitism, … Continue reading

Posted in Economics, Politics, Poverty, Uncategorized | Tagged , | 13 Comments

The Chinese Economy In 60 Seconds – FT Confidential

https://twitter.com/FTConfidential/status/971425115912261633

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Major Stock Index Recovery Percentages

Bouncing around.  Doesn’t seem like many real sellers out there.  Traders and ‘bots push the indices down and then have to cover into the close.  We wrote about this in our Week In Review post this past Sunday. Risks are … Continue reading

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