FRIDAY 4/17/15; SSEC and KOSPI Record Highs; China Imposes Margin Trading Restrictions; Bloomberg Terminal Outage; European Banks Exiting Greece Debt; German Bund Record Low Yield 0.049%; OpEx; GE; HON; CPI (Consumer Price Index); Consumer Sentiment; Leading Indicators; US Stocks Collapse

Asian indexes are mixed with China and South Korea stock markets moving higher. The SSEC is up +2.2% as cab drivers and housewives invest their entire life savings in stocks. The SSEC ends at 4288 up +6.3% this week at March 2008 highs. The Shanghai Index is running vertically higher gapping up each week of an ongoing six-week rally. The SSEC is up from 3190 to 4317, 1127 points, +35%, in only six weeks time; the Shanghai is rising at a pace of +6% per week! The SSEC was 2150 in July 2014 and has now doubled up +100% in less than nine months! Chinese train and infrastructure stocks, shipbuilders and pharmaceutical companies are all limit up on the session.

The HSI is down -0.3% but finishes the week up +1.4%. Investors are chasing Chinese stocks higher. Chinese are in frenzy throwing money at stocks for fear of missing out on the easy gains.

The NIKK loses -1.2% and finishes down -1.3% this week. Japan’s Topix drops for the first time in three weeks. Sharp drops -6% after securing additional funding, firing 5K workers and planning to sell off assets. The SPASX200 is down -1.2% and down -1.6% this week. GS downgrades the Aussie miners 



































[Text is Redacted: Purchase April 2015-04 to Read the Complete Chronology]




























stock market. After six years of obscene Keynesian spending that makes the wealthy filthy rich, the US muddles through a sick stagnant economy. The wealthy do not care since they got their share (via stock market gains) courtesy of the Fed.

Euro 1.0805. Dollar/yen 118.90. Pound 1.4959. WTIC oil 56.14. Brent oil 63.45. Natural gas 2.641. Gold 1203. Silver 16.225. Copper 2.798.

US Treasury yields are; 2-year 0.51%, 5-year 1.308%, 10-year 1.865%, 30-year 2.52%. German bund 0.072%. Japan 10-year yield 0.31%.