Wednesday, September 7, 2016

THURSDAY 9/8/16; DAX (Germany) Briefly Turns Positive for 2016; Spain 10-Year Yield Record Low; ECB Rate Decision and President Draghi Press Conference; BKS; CONN; NAV; Oil and Natty Rally +5%; Consumer Credit; RH; ZUMZ

In early trading, the NIKK is down -0.2%, ASX 200 loses -1% and KOSPI is up +0.4%. Aussie energy stocks are smacked lower. Ditto materials stocks. Euro 1.1248. Dollar/yen 101.73. Pound 1.3347. Aussie dollar 0.7678. The Asia session may trade quietly ahead of the 

[Text is Redacted: Purchase September 2016-09 to Read the Complete Chronology]

America has become very crooked in recent years and deteriorates into a pseudo-free market crony capitalism system that only benefits the top elite class of 5 to 6 million wealthy folks. Much of this blame rests with the Federal Reserve and their obscene Keynesian money-printing policies. The Washington beltway crowd, democrat and republican politicians, their lawyers and lobbyists, and the media that provide free passes for the politico’s, form an un-Holy alliance and are in a relationship so obscene and incestuous that it would make Caligula blush.

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