Thursday, June 30, 2016

FRIDAY 7/1/16; First Day of Trading for July, Q3 and H2; Japan Economic Data; Global PMI’s; Silver Teases 20; Global Yields Print Record Lows; Entire Swiss Yield Curve Negative; US 10-Year Yield Prints 1.37-Handle; VIX 14-Handle; Natty Gas 3.00; Last Day of US Trading Before Independence Day Holiday Weekend; ISM Mfg Index

Today is the last day of trading in the 



















[Text is Redacted: Purchase July 2016-07 to Read the Complete Chronology]





























 hostage situation continues in Bangladesh. The radical Muslims are yelling, “Allahu Akbar (God is Great)!” as they shoot and stab hostages to death. Police and the military are planning a raid on the restaurant to try and rescue the remaining hostages.

Wednesday, June 29, 2016

THURSDAY 6/30/16; EOM (End of Month); EOQ2; EOH1; BOE Governor Carney Speaks; ‘Carney Rally’ Sends European and US Stocks Higher; CAG; STZ; MKC; PAYX; Chicago PMI; UTIL (Utilities) Above 700; VIX 15-Handle; MU

Today is the EOM (end of month), EOQ2 (end of the second quarter) and EOH1 (the end of the first half of the year). The S&P 500 (SPX) began the month at 













[Text is Redacted: Purchase June 2016-06 to Read the Complete Chronology]





















 chip bigwig MU crashes -9.5% after reporting earnings. A Tesla driverless car crashes resulting in a fatality. TSLA stock plummets -4%. The accident is the first fatality for a Tesla vehicle using the Autopilot technology.

Quarterly Reminder; Help the Unfortunate; Ad-Blocking Software Destroys Original Free Web Content

It is time for the Quarterly Reminder;

The ad-blocking software is destroying free original content on the internet. Bloggers are dropping like flies since there is zero incentive to spend time posting original information if the advertising income to the sites evaporate into nothing. For the KE Stone Series of Blogs, advertising income has been cut by two-thirds over the last 15 months. And this occurs as site viewership steadily grows week after week for the last three years. Humorously, the site enthusiasts  that want a clean view of websites without ads are the same folks asking why the original content and popular blogs are disappearing from the internet.

Remember to support the KE Stone Series of blogs with the button in the right margin to continue the free original content concerning global markets and world economics. Any amount will be put to good use. It is time for you cheapskates to pony up; it goes to a good cause. A few bucks from a few hundred of you will go a long way. This message is not directed to the loyal supporters to the site or past donators.

Regardless, and most importantly, remember to help your local food banks since there are lots of folks that are hungry in society, especially children. Some people are too proud to ask for help so the food bank is one discreet way they can receive aid and maintain dignity. Children need food in their bellies to learn properly. A hungry child becomes distracted easily. Go through your kitchen cupboards and load canned goods into a bag and donate it to your local food bank. Local Thrift Stores will also typically accept food donations.  Lots of people would appreciate receiving that can of beans or perhaps creamed corn that you no longer enjoy eating.

Also go through the closet and get rid of old clothes that are still in nice shape without any rips or stains and give them to the local Goodwill or Thrift Shop. The ladies there will be happy to receive any goods and it will help folks in need.

Tuesday, June 28, 2016

WEDNESDAY 6/29/16; Cascading Global Stock Market Rally; GIS; MON; Personal Income and Outlays; European and US Stocks Rally; FTSE (UK) +3.6%; IBEX (Spain) +3.5%; Brent Oil Above 50; PIR; Bank Stress Tests

Asian indexes begin the session 












[Text is Redacted: Purchase June 2016-06 to Read the Complete Chronology]











......... odor is developing around Attorney General Lynch’s secret meeting with President Clinton at the airport. Calls are increasing that Lynch should recuse herself from the Hillary Clinton email scandal since she was caught talking to the husband of the person under investigation. It is disgraceful.

Monday, June 27, 2016

TUESDAY 6/28/16; Central Bankers Rescue Markets; CCL; GDP (Gross Domestic Product); Consumer Confidence; AVAV; NKE

Asian indexes are pointing to a 











[Text is Redacted: Purchase June 2016-06 to Read the Complete Chronology]
















71% of Americans think the economy is rigged against them. They are correct. The other 29% are likely the wealthy elite and those holding large stock portfolios that benefit greatly from the near-eight years of central banker stimulus and intervention.

Sunday, June 26, 2016

MONDAY 6/27/16; Brexit Drama Continues; Spain Election Aftermath; European Bank Turmoil; UK Gilt Under 1.00% First Time in History; Pound (Sterling) Collapses to 1.31-Handle; PMI Services Index; DAX (Germany) Collapses -3%; MIB (Italy) Mini-Crashes -4%; US Yield Curve Flattens; WTIC Oil 45-Handle; Brent Oil 46-Handle; RUT (Russell 2000) Mini-Crashes -3.4%; COMPQ (Nasdaq Composite) Plummets -2.4%; UK Credit Rating Downgrades

The stage is set for the first full week of trading after the Brexit vote. 











[Text is Redacted: Purchase June 2016-06 to Read the Complete Chronology]






















Treasury yields are; 2-year 0.60%, 5-year 0.985%, 10-year 1.44%, 30-year 2.27%. The 2-10 spread is 84 basis points reflecting an ever-flattening yield curve.

SUNDAY 6/26/16; Spain Elections

As the UK and Europe roil from the Brexit referendum vote, Spanish elections are 












[Text is Redacted: Purchase June 2016-06 to Read the Complete Chronology]















 voting for a scandal-ridden liar instead of an orange headed carnival barker.

The global populism movement against the wealthy and privileged establishment class continues although Spain elections favor the current economic steadiness rather than a move towards change.

Saturday, June 25, 2016

SATURDAY 6/25/16; Brexit Fallout Continues

SPX 2037. INDU 17401. COMPQ 4708. RUT 1128. NIKK 14952. SPASX200 5113. KOSPI 1925. SSEC 2854. HSI 20259. BSE 26397. DAX 9557. CAC 4107. FTSE 6139. MIB 15724. IBEX 7787. PSI 4362.

A petition for a new Britain referendum vote already has 

















[Text is Redacted: Purchase June 2016-06 to Read the Complete Chronology]




















Blue-haired Edna’s investment will be crushed as time plays out. The Federal Reserve and other central bankers have destroyed the economic cycles with their money printing and market intervention. Retail investors that are hiding in utilities and consumer staples right now thinking they are the smartest kids on the block, aren’t. They are preparing for a Kondratieff winter by covering themselves with a fig leaf.

Friday, June 24, 2016

FRIDAY 6/24/16; “Brexit” Wins; UK Votes to Leave the European Union (EU); Global Markets Crash; “Populism” Movement Rises Around the World; UK PM Cameron Resigns; Pound (Sterling) Collapses to 1.32; NIKK Crashes -8%; Dollar/Yen Prints Under 100; WTIC Oil Tags 46-Handle; FINL; Durable Goods; Consumer Sentiment; DAX (Germany) Crashes -7%; CAC (France) Crashes -8%; MIB (Italy) Crashes -13%; IBEX (Spain) Crashes -12%; SPX (S&P 500) and INDU (Dow Industrials) Negative for 2016

At 8:15 AM Tokyo (7:15 PM EST Thursday evening; 12:15 PM London), the S&P futures are down 4 points. Only four minutes later, US futures turn 








[THE BREXIT DRAMA IS COMPLETELY EXPLAINED IN DETAIL AND ITS IMPACT ON GLOBAL MARKETS]







[Text is Redacted: Purchase June 2016-06 to Read the Complete Chronology]

















 Cable news outlets are running many stories about the Brexit vote.

The ‘Populism’ movement rises around the world. The common classes are hoisting pitchforks and torches and marching towards the government leadership, politicians and central bankers that only serve to make themselves filthy rich after the 2008-2009 financial crisis. It is time for pay-back and as the old saying goes, “pay-back’s a b*tch.”

Wednesday, June 22, 2016

THURSDAY 6/23/16; “Brexit” Referendum Day; Pound Above 1.50 at 2016 High; ACN; PMI Mfg Index; New Home Sales; Leading Indicators; MIB (Italy) Rallies +3.7%; US Stocks Rally; Dow 18K; SONC; US Bank Stress Test Results

At 7 AM Tokyo (6 PM EST Wednesday evening; 11 PM London Wednesday evening; 12 midnight Frankfurt), the pound is 1.4804. Euro 1.1323. Dollar/yen 104.73. US dollar index 93.60. The pound tags 1.48 after two new UK polls are released 









[Text is Redacted: Purchase June 2016-06 to Read the Complete Chronology]




















Treasury yields are; 2-year 0.78%, 5-year 1.26%, 10-year 1.75%, 30-year 2.55%.


WTIC oil 49.75. Brent oil 50.91. Natural gas 2.69. Gold 1267. Silver 17.54. Copper 2.1565.

Tuesday, June 21, 2016

WEDNESDAY 6/22/16; Existing Home Sales; Fed Vice Chairman Fischer Speaks; Fed Chair Yellen Speaks; Record US Median Home Price at $239,700; Global Bellwether FDX (FedEx) Mini-Crashes -4.5%; BKS; BBBY; MLHR; RHT; SCS

US futures are lower as Asia traders 












[Text is Redacted: Purchase June 2016-06 to Read the Complete Chronology]






















Drama develops around the 2016 Olympics in Brazil. Pro golfer Rory McIlroy decides to not play in the Olympics citing concerns over the Zika virus. An Olympic torch ceremony takes place in Manaus, Brazil, (in the Amazon) highlighting a chained jaguar. The jaguar escapes from the handlers and is shot dead. So much for the Olympic symbol of peace and  unity. The 2016 Rio Olympics begins in 43 days. Is the dead jaguar an omen?

Monday, June 20, 2016

TUESDAY 6/21/16; KMX; LEN; Fed Chair Yellen Speaks; 5-Year Note Auction; ADBE; FDX; KBH; LZB

US futures are positive. S&P +4. Dow +26. Nasdaq +7. Euro 1.1319. Dollar/yen 103.86. Pound 1.4672. Aussie dollar 0.7461. Dollar/yuan 6.5820. Indian rupee 67.48.











[Text is Redacted: Purchase June 2016-06 to Read the Complete Chronology]




















 stock market buoyancy may be attributable to Clinton leading in the polls. She is a friend of Wall Street having been paid huge sums of money by the investment banks to appear at token luncheons. Clinton will provide the quid  pro quo to Wall Street if she is elected; she is in the back pocket of the investment banks.

Sunday, June 19, 2016

MONDAY 6/20/16; First Day of Summer; Bremain Rally; Pound Above 1.46; European and US Stocks Rally; DAX (Germany), CAC (France) and IBEX (Spain) Each Up Over +3.4%; 2-Year Note Auction

The full moon peaks for the month at 7 AM EST at the same time as 













[Text is Redacted: Purchase June 2016-06 to Read the Complete Chronology]















and many others are in play currently. Other sectors and stocks impacted by the election can be highlighted as time moves along.

SUNDAY 6/19/16; Father’s Day; RBI's Rajan Plans to Step Down in September

Bombshell news occurs out of India. RBI (Reserve Bank of India) Governor Raghuram Rajan plans to step down after 









[Text is Redacted: Purchase June 2016-06 to Read the Complete Chronology]

























 US Open golf championship. In a spectacular down-to-the-wire finish, the winner is American Dustin Johnson earning his first major.

Friday, June 17, 2016

SATURDAY 6/18/16; China Property Prices

SPX 2071. INDU 17685. COMPQ 4800. RUT 1145. NIKK 15600. SPASX200 5163. KOSPI 1953. SSEC 2885. HSI 20170. BSE 26626. DAX 9550. CAC 4153. FTSE 6021 (above 6K). MIB 16923. IBEX 8200. PSI 4519.

China May property prices are up 








[Text is Redacted: Purchase June 2016-06 to Read the Complete Chronology]




















“UA” and “checkmark” logo’s (Under Armour and Nike, respectively) are displayed on the golf pro’s clothes and plastered across the television screen all weekend long. UA and NKE shareholders hope for a bump in their stocks next week.

Thursday, June 16, 2016

FRIDAY 6/17/16; OpEx Quadruple Witching; Housing Starts; Italy’s MIB Rallies +3.5%

Japan Finance Minister Aso verbally intervenes in the Forex market to 












[Text is Redacted: Purchase June 2016-06 to Read the Complete Chronology]

















The CDC says 234 women are infected with the Zika virus in the United States and its territories. Brazil is ground zero for Zika. Health risks are expected to be minimal for those attending the Olympics. That sounds encouraging until a mosquito bites your arm.

Wednesday, June 15, 2016

THURSDAY 6/16/16; FOMC Decision Aftermath; Global Record Low Yields Continue; BOJ Policy Decision; Dollar/Yen 103-Handle; NIKK Mini-Crashes -3.1%; SNB Policy Decision; DB (Deutsche Bank) and CS (Credit Suisse) All-Time Record Lows; BOE Policy Decision; RAD; KR; CPI (Consumer Price Index); Philly Fed; WTIC Oil 46-Handle; UK Gilt Record Low Yield 1.068%; German Bund Record Low Yield -0.03%; UK MP Jo Cox Murdered; ORCL; FNSR; SWHC

Euro 1.1261. Dollar/yen 105.97. Pound 1.4205. USD 94.60. WTIC oil 47.50. Brent oil 48.60. Natural gas 2.594. Gold 1296. Silver 17.555. Copper 2.09.

Treasury yields are; 2-year 0.6696%, 5-year 1.07%, 10-year 1.57%, 30-year 2.41%. German bund -0.14%. Japan 10-year yield -0.20%.

The NIKK is trading down -1.1% with the 










[Text is Redacted: Purchase June 2016-06 to Read the Complete Chronology]




















UK MP Jo Cox is murdered today in a gun-free zone. Technology and 3-D printers enable criminals to manufacture guns. Pistols have already been placed on small drones and the guns can be fired remotely. The UK and other nations and cities that impose anti-gun policies are in for a rude wakening. If guns are outlawed, only the outlaws have guns. As criminals manufacture homemade guns, people in London, Paris and other cities with strict anti-gun laws, will only serve as sitting ducks and target practice for sick murderous individuals.

Tuesday, June 14, 2016

WEDNESDAY 6/15/16; Japan Record Low Yield -0.20%; PGR; PPI (Producer Price Index); Empire State Mfg Index; Industrial Production; FOMC Rate Decision, Forecasts and Fed Chair Yellen Press Conference; Gold Tags 1300; JBL

US futures are negative. S&P -4. Dow -25. Nasdaq -7. Euro 1.1212. Dollar/yen 105.98. Pound 1.4108. Aussie dollar 0.7352. Dollar/yuan 6.5970. WTIC oil 47.84. Natural gas 2.60. Gold 1289. Silver 17.43. Copper 2.04.










[Text is Redacted: Purchase June 2016-06 to Read the Complete Chronology]



















 reports that foreigners sold almost $80 billion in long-term US assets more than the purchases the month before. Foreigners sold nearly $75 billion in Treasury notes and bonds in April a record amount.

Monday, June 13, 2016

TUESDAY 6/14/16; Cascading Global Selloff Continues; Japan 10-Year Yield Record Low -0.174%; German Bund Turns Negative First Time in History; Bund Record Low Yield -0.03%; UK Gilt Record Low Yield 1.144%; US Flag Day; FOMC Two-Day Meeting Begins; Final US Presidential Primary Election; Retail Sales; Import and Export Prices; Business Inventories; BOBE

The cascading global stock market selloff loops around the world a second time since 











[Text is Redacted: Purchase June 2016-06 to Read the Complete Chronology]



















his head buried in the sand trap at the local golf course ignoring the Islamic radicalism occurring and increasing all around him. The Muslim fanaticism is out of control. The president’s number one mandate is to maintain the safety of the homeland. President Obama may not be able to leave office without confronting the Islamic demons he seeks to avoid.

Sunday, June 12, 2016

MONDAY 6/13/16; US Orlando Terrorist Attack Aftermath; Cascading Global Stock Market Selloff Continues; China Data; NIKK Mini-Crash -3.5%; SSEC -3.2%; UK Gilt Record Low Yield 1.197%; MSFT Buys LNKD; Brent Oil Under 50; Italy’s MIB -2.9%; Portugal’s PSI -2.8%; Bitcoin Over 700

The United States is hit with a terrorist attack yesterday in Orlando, Florida, where a deranged Muslim man murders 50 people and wounds 53 inside a nightclub. The Islamic terrorist is dead and had claimed allegiance to ISIS before beginning his heinous deed; a murderous atrocity. The investigation continues and victims are fighting for their lives in hospitals. The sick radical was yelling, “Allahu Akbar (God is Great!)!” as he shot people in the head at point blank range.













[Text is Redacted: Purchase June 2016-06 to Read the Complete Chronology]























BIDU collapses -7.5% on a revenue warning. ZBH dumps -1.4% after announcing a secondary.

SUNDAY 6/12/16; US Hit with Terrorist Attack in Orlando, Florida; Worst Mass Shooting Murder in US History; 50 Dead and 53 Wounded; Events Described in Real-Time

Euro 1.1248. Dollar/yen 106.96. Pound 1.426. WTIC oil 48.88. Brent 50.54. Natural gas 2.58. Natty has rallied strongly from 1.6 to 2.6, +63%, in the last 14 weeks (3 months) and no one noticed. Gold 1276. Silver 17.33. Copper 2.0265.










[Text is Redacted: Purchase June 2016-06 to Read the Complete Chronology]












Sidney Crosby and Evgeni Malkin carry the team to its second cup victory in the last seven years and fourth cup overall. The Penguins will appear on the Wheaties cereal box as is customary so GIS may receive a bump in sales ahead.

Saturday, June 11, 2016

SATURDAY 6/11/16

Today is a palindrome; 61116. The palindromes will continue each day through 6/19/16 (61916). Sometimes interesting events occur in conjunction with palindromes.

SPX 2096. INDU 17865. COMPQ 4895. RUT 1164. NIKK 16601. SPASX200 5313. KOSPI 2018. SSEC 2927. HSI 21043. BSE 26636. DAX 9835. CAC 4307. FTSE 6116. MIB 17120. IBEX 8491. PSI 4703.









[Text is Redacted: Purchase June 2016-06 to Read the Complete Chronology]

















 the Belmont followed by Destin in second and Lani third. Exaggerator finishes 11th. The Triple Crown yields three different winners this year none of the horses as great as American Pharoah that won all three races of the Triple Crown last year the first horse to achieve this difficult feat since Seattle Slew in 1977 and Affirmed in 1978.

Thursday, June 9, 2016

FRIDAY 6/10/16; Japan 10-Year Yield Record Low -0.16%; German Bund Yield Record Low 0.019% Barely Positive; US 2-10 Yield Spread (Yield Curve) Flattens Under 90 Bips; Consumer Sentiment; Italy’s MIB Mini-Crashes -3.6%; Spain’s IBEX -3.2%; Cascading Global Stock Market Selloff; UK Poll Reports 55% for Brexit and 45% for Bremain; US 10-Year Yield 1.64% Lowest Since 2012

China trading remains closed. The Philippines and Hong Kong are trading. Asia and Australia stocks are trading lower in the early going. NIKK -0.5%. Topix -0.7%. ASX 200 -0.7%. KOSPI -0.3%. HSI -0.2%. Japan JGB’s are negative up through the 15-year duration. Japan 10-year yield falls to -0.151%.









[Text is Redacted: Purchase June 2016-06 to Read the Complete Chronology]






















candidate Hillary Clinton is disliked as well for her habitual lying and the November election is a contest over which pathetic candidate is hated the least. Perhaps libertarian candidate Gary Johnson will provide competition.

Wednesday, June 8, 2016

THURSDAY 6/9/16; BOK Decision; China Inflation Data; German Bund Record Low Yield 0.028%; UK Gilt Record Low Yield 1.24%; US Yield Curve Flattening; MTN; SJM; Wholesale Trade; 30-Year Bond Auction; Natural Gas Rallies -6%; HRB; US Presidential Politics

US futures are flat. S&P flat. Dow +3. Nasdaq flat. Euro 1.1399. Dollar/yen 106.84. Pound 1.4511. USD 93.55. WTIC oil 51.53. Brent oil 52.70. Natural gas 2.465. Gold 1264. Silver 17.055. Copper 2.065. Markets are closed in China, Hong Kong and Taiwan for the Dragon Boat Festival.












[Text is Redacted: Purchase June 2016-06 to Read the Complete Chronology]












higher over the coming day since she received the required delegates and is now the democratic nominee. Interestingly, Vice President Joe Biden has not endorsed Clinton as yet instead remaining neutral. Perhaps, if circumstances change and Hillary is indicted, both Sanders and Biden may line up to step into the job.

Tuesday, June 7, 2016

WEDNESDAY 6/8/16; ECB Begins Buying Corporate Bonds; German 10-Year Bund Yield Record Low 0.04%; Swiss 20-Year Yield Turns Negative at -0.04%; WTIC Oil Above 51; Brent Oil Above 52; LULU; 10-Year Note Auction; SPX (S&P 500) and RUT (Russell 2000) at Highs of Year; Euro 1.14; RH

Euro 1.1354. Dollar/yen 107.30. Pound 1.454. WTIC oil 50.34. Brent oil 51.49. Natural gas 2.48. Gold 1248. Silver 16.43. Copper 2.057.


















[Text is Redacted: Purchase June 2016-06 to Read the Complete Chronology]



























nominee Hillary Clinton says there is a “zero chance” that she will be indicted or have any problem relating to the ongoing email scandal and FBI investigation. The Department of Justice is supposed to be impartial but is controlled under President Obama so Clinton appears very comfortable that the DOJ will not pursue any action against her. The declarative statement may ire the FBI that is trying to end its investigation into Clinton’s behavior over the next month.

Monday, June 6, 2016

TUESDAY 6/7/16; First Day of Ramadan; RBA and RBI Rate Decisions; “Fat Finger” Pound (Sterling) Trade; WTIC Oil Above 50; Brent Oil Above 51; US Presidential Primary Elections; MIK; Productivity and Costs; INDU (Dow Jones Industrials) Hits 18K; German 10-Year Bund Yield Prints Record Low 0.044%; PLAY; PAY; VRNT; Hillary Clinton is Named First Female Presidential Nominee in United States History

Today is the First Day of Ramadan. Adult Muslims begin fasting from 












[Text is Redacted: Purchase June 2016-06 to Read the Complete Chronology]



























primary election results are coming in at 8 PM EST (9 AM Tokyo Wednesday morning; 1 AM  London Wednesday morning). Democrat Hillary Clinton wins New Jersey and is handily above the required 2,383 delegate count. Clinton is the first female nominee for POTUS in United States history.

Sunday, June 5, 2016

MONDAY 6/6/16; US-China Officials Meet; “Brexit” Now Leading “Bremain” in UK Polls; Fed Chair Yellen Speaks; Rising Oil Prices and Yellen Comments Create US Stock Market Rally; THO; UNFI

Japan wakes up with a stronger yen to









[Text is Redacted: Purchase June 2016-06 to Read the Complete Chronology]














In the Muslim religion, Ramadan begins at sundown. Adult Muslims are expected to fast from dawn to sunset each day for the next month unless they suffer from medical issues.

May Publication of the Daily Chronology of Global Markets and World Economics 2016-05 is Available from Amazon; 1-Year Anniversary of Stock Market Top; Sick European Banks; Puerto Rico Default; Venezuela on the Brink; Paris Riots; Zika Virus; "Bremain" Rally

The May publication of the Daily Chronology of Global Markets and World Economics 2016-05 is available through Amazon (AMZN). The epic market action continues. The global stock markets begin the year by crashing and collapsing into 2/11/16 followed by a huge recovery rally to present. The prior monthly chronologies explain the huge crash from late December into mid-February and the subsequent recovery from February to present.

Italian, Spanish and Portuguese banks remain a major problem in 2016. The business news media ignores this topic that may lead to serious trouble in financial markets and create global contagion.


The US POTUS primary elections continue with Clinton the likely democrat nominee. Clinton may be undone by the ongoing email scandal. On the republican side, Trump takes the nomination but is not doing well in national polls. The conventions are in July and the general election for the next US president is 11/8/16. Americans are unhappy faced with a choice between an orange-headed clown that bloviates daily and a scandal-ridden liar incapable of telling the truth.

Central bankers such as the Fed, ECB, BOJ and PBOC keep pumping stocks higher. The chronology explains how the central bankers are the marketThe oil rally continues as the US dollar index drops to the bottom of a key long-term range.


A stock market rally occurred in May when the "Bremain" camp started leading in the UK polls over the "Brexit" camp, however, a lot can happen before the 6/23/16 Brexit referendum.

Japan is in turmoil. The BOJ has taken rates negative and they print record negative lows. The dollar/yen pair is sliding lower (stronger yen) causing problems for BOJ Governor Kuroda that is trying to weaken the yen.


Puerto Rico defaults on a bond payment with a huge $2 billion payment due on 7/1/16. The US Congress is working on a bailout solution but in a difficult place since troubled cities in the US will want the same bailout deal offered to Puerto Rico. The clock is ticking and a plan must be in place for Puerto Rico within the next three weeks.

President Dilma Rousseff is impeached and temporarily ousted from office; her appeals will continue. Venezuela is in economic and political collapse. The 2016 Summer Olympics are approaching quickly and will be held in Brazil; ground zero for the Zika Virus.

The month of May was the one-year anniversary of the stock market top in May 2015. Interestingly, markets topped in October 2007 and it was about one year later when US stocks collapsed in October 2008 through March 2009 when QE1 saved the stock market (to benefit the wealthy) and stabbed capitalism in the heart. Will that fractal repeat? The US stock rally off the 2/11/16 bottom continues.

The chronology describes the reactions to economic data such as the Monthly Jobs Reports in real-time. Friday, 6/3/16, was a circus with a paltry 38K jobs report which is described in detail  in the May chronology as it occurred (the May publication runs through 6/4/16). There is no other document available on the world wide web that records the action in real-time with such detail. Inflation, that the Federal Reserve has tried to create for seven years with their obscene Keynesian programs, cannot exist without wage inflation occurring so each jobs report is very important.

The chronology explains the reaction in stocks, bonds and currencies to key events and economic data releases. If you are trying to make sense of the markets this is the resource for you. No other publication exists in this format where the stock, bond and currency moves are provided and explained as world events take place in real-time.


The chronology records economic history preventing revisionist tampering in future years. Many of the same asset managers telling everyone to go long the market in 2007-2008 repeated the same mantra through 2015. The stock market topped in May 2015 placing anyone that listened to television pundits over the last couple years underwater on their long trades and losing money.


Analyst and strategist quotes and words are recorded in the chronology so credit or disdain can be handed out in the future. If a multi-year top has printed, the chronology serves as the most accurate accounting of the stock market topping process ever recorded in economic and market historyThe chronology is the most reliable and easy to understand source for explaining global marketsThe chronology is very easy to read and avoids using fancy ten-dollar college words.


As always, all monthly publications of the Daily Chronology of Global Markets and World Economics are available from the links in the margins or simply searching on Amazon or Google. The monthly publication contains updated information not posted on this web site as well as clarifications, edits and refinements to the ongoing daily blog text.


We are living through historic stock market and economic times. The daily chronology is the most accurate accounting on how the stock market tops and bottoms occur in real-time. The monthly publications are compatible with any electronic device and include an extensive Business Acronym List and Ticker Symbol List. The Acronym List is the most comprehensive business-related acronym list available on the internet. The chronology is not available in hard copy and only distributed around the world electronically.


Download this valuable resource today. Remember to support the KE Stone Series of blogs (Keystone the Scribe, The Keystone Speculator and Keybot the Quant) through donations, the daily chronology book sales and honoring advertisers that support the original free content provided in the blogs. The blog proceeds aid charities.


The free blog content is posted in proportion to the advertising, book and donation income received. Thus, you folks working at the large money-center banks around the world need to open your wallets if you want this unique trading and economic information, that is not available elsewhere, to continue. Let some moths out of those wallets.


The KE Stone Series of blogs are viewed by 100's of thousands of people around the globe each month including money managers, investors, students, traders, historians, economists, teachers, current event enthusiasts, hedge fund managers, political junkies and folks that truly want to understand how the world's economic systems and markets function. All readers should support the blogs to expand the information provided.