FRIDAY 5/8/15; VE Day; PM Cameron Wins Reelection; Bond Yields Retreat; Monthly Jobs Report; Wholesale Trade; Global Stocks Rally

Asia indexes generally follow the US lead floating higher. China reports disappointing trade data but in these twisted central banker-controlled markets, stocks trade higher anticipating more easy money stimulus form the PBOC. Bad news is good news. Australia lowers its inflation and growth expectations going forward. The Aussie dollar briefly drops under 0.79 and recovers. Nintendo is a big winner after releasing robust earnings.

SPASX200 -0.2%. NIKK +0.5%. KOSPI -0.3%. SSEC +2.3%. HSI +1.1%. Jakarta Comp +0.8%. Nifty +1.7%. Bangkok +0.6%. Taiex -0.1%. Straits Times +0.6%. Uber is bidding $3 billion for NOK’s “Here” map business. Syngenta refuses



















[Text is Redacted: Purchase May 2015-05 to Read the Complete Chronology]

The terror threat level is raised at all US military bases to “Bravo” the highest level in five years. The Force Protection Condition (FPCON) assess the terrorist threat with five levels of urgency; “Normal, Alpha, Bravo, Charlie and Delta.” Normal is a situation of no terrorist activity. Alpha is a situation where there is a small general threat of terrorism. Bravo steps up the level to a predictable threat in the offing. Charlie occurs when a global terrorist attack is taking place and all nations should be on high alert for local terrorist activity. Delta describes the immediate situation where a terrorist attack is taking place. Ohio’s Wright-Patterson Air Force Base cancels a charity golf tournament and all military installations limit public access. FBI Director James Comey says there may be “hundreds, maybe thousands” of US citizens radicalized by the ISIS Islamist teachings.