FRIDAY 8/28/15; PBOC Pumps Chinese Stocks Higher; BIG; Jackson Hole Symposium; Personal Income and Outlays; Consumer Sentiment; AAPL Death Cross; Two-Day Oil Rally Sends WTIC Above 45 and Brent Above 50; Asia, European and US Stocks Finish Week Positive After Dramatic Selloff

Japan Nikkei Index futures are indicating a positive start and the NIKK should move above 19K. Dollar/yen 121.13. Japan CPI is +0.2% less than last month’s +0.4% but greater than the low-ball -0.2% expectation. Household spending data is weak, however, July retail sales are up +1.6% beating estimates. In South Korea, negotiations 









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 Tragically, over 2400 migrants have died this year drowning in the Mediterranean Sea as they try to escape Islamist radicalism. President Obama and other Western leaders are unwilling to address the growing Islamist radical caliphate, except for air strikes, leading to the ongoing human tragedy.

In Austria, 50 migrants are found dead in the back of a box truck on the side of the road. 300K migrants have fled the Middle East and northern Africa creating one of the largest human migrations in human history. European nations are struggling to deal with the ongoing crisis.