The May publication of the Daily Chronology of Global Markets and World Economics 2015-05 is available through Amazon (AMZN). Stock markets print new all-time record highs in May. The German 10-year bund yield is moving higher. The choppy sideways action in the stock market continues. The Greece drama continues. Semiconductors rally strongly and the M&A orgy across many sectors intensifies. The chronology explains the price action after the jobs reports and other key announcements and economic data.
Global central bankers continue pumping stocks higher especially the ECB and PBOC. The dovish Fed continues to pump stocks higher with the first rate hike pushed farther into the future September or later.
Yemen is in chaos another nation crumbling from Islamist terrorism activity. The Holy War waged by ISIS Islamist radicals against Christians and Jews continues. Social unrest and wars continue around the world. Ukraine fighting is ongoing despite the ceasefire. G7 leaders plan to maintain pressure on Russian President Putin. ISIS Islamist radicals are performing genocide against Christians and Jews while the world looks on.
The chronology records economic history in real time preventing revisionist tampering in future years. Many of the same asset managers telling everyone to go long the market in 2008 are repeating the same mantra these days. Their quotes and words are recorded. Perhaps they are correct with their market cheer leading; perhaps they are not. If a multi-year top prints during the weeks ahead, the chronology serves as the most accurate accounting of the market topping process. Aunt Edna took her life savings and invested in utility stocks because the nice gentlemen on television said to but now she is eating franks and beans as the utes collapse. The chronology is the most reliable and easy to understand source explaining global markets.
As always, all monthly publications are available from the links in the left margin. The monthly publication contains updated information not posted on the web site as well as clarifications and refinements to the chronology.
We are living through historic stock market and economic times. The daily chronology is the most accurate accounting on how a potential epic stock market top forms in real-time. The detailed chronology prevents the writing of revisionist history in the future.The monthly publications are compatible with most electronic devices and include an extensive Business Acronym List and Ticker Symbol List. The Acronym List is the most comprehensive business-related list available on the internet. The chronology is not available in hard copy and only distributed around the world electronically.
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