Thursday, November 6, 2014

FRIDAY 11/7/14; Russian Ruble Collapse; Ukraine Fighting Increases; Global Social Unrest Rises; HUM; CTB; Monthly Jobs Report; SPX, INDU and TRAN Record All-Time Highs; Fed Chair Yellen Speaks; BRKA; President Obama Orders More Troops to Iraq

The dollar/yen is above 115. Banzai! The NIKK is up +0.7% in the early going above 16.9K. SNE bounces +3%. Other exporters such as Panasonic are also boosted by the weaker yen creating a positive 



[Text is Redacted: Purchase November 2014-11 to Read the Complete Chronology]












 sowing the seeds for a larger Middle East war going forward. In his zeal for ending the Iraq War, President Obama may be christened with the unpleasant label of starting World War III depending on how events unfold in northern Africa and the Middle East. The president nominates Loretta Lynch for US Attorney General to replace the controversial Eric Holder. Lynch is expected to move quickly through the approval process in Congress.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.