THURSDAY 8/27/15; Cascading Global Stock Market Rally; TIF; Jackson Hole Symposium; GDP (Gross Domestic Product); European and US Stocks Explode Higher; WTIC Oil Up +10%; ADSK; ARO; SWHC; SPLK

Asian indexes begin trading on an upbeat note. The NIKK is up +1.6% out of the gate, the ASX 200 gains +0.3% and the KOSPI is up +1%. Fed’s Dudley said yesterday there is “no compelling reason to raise rates in September” helping create the strong record-setting relief rally. The positivity cascades to Asia trading.

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.....one billion people logged on to FB today a company milestone. That is a lot of folks posting fake vacation photos, telling exaggerated stories about their life and wealth, pretending they know famous celebrities and spewing adolescent-style argumentative language at each other. Zuckerberg claims that 20% of the world’s population is on Facebook a questionable statistic. FB enthusiasts may have multiple accounts which would drastically reduce this claim. 15% of the US population are Luddites with no attachment or interest in the new technology age.