The November publication of the Daily Chronology of Global Markets andWorld Economics 2016-11 is available through Amazon (AMZN). The epic
market action continues with Donald Trump elected as the 45th president of the
United States (POTUS). A huge (or
as Donald Trump says, “‘yuge”) Trump Rally occurs in the stock market after
the election with a corresponding bond rout (lower prices higher yields).
November’s Cover Highlights;
TRUMP WINS STOCKS RALLY
DONALD TRUMP 45TH PRESIDENT OF
THE UNITED STATES
STOCKS PRINT ALL-TIME RECORD
HIGHS
SPX 2214 INDU 19225 COMPQ 5404
RUT 1347
GLOBAL BOND ROUT (YIELDS EXPLODE
HIGHER)
INDIA CASH-SWAP PROGRAM
OIL RALLIES ON OPEC PRODUCTION
CUT
MARKET ANGST AHEAD OF ITALY
REFERENDUM
The month of November is historic for markets. The polls were wrong in
predicting the Brexit vote and they were wrong again predicting Hillary Clinton
to defeat Donald Trump. The orange-headed bombastic clown took the prize from
the scandal-ridden liar in the pantsuit. The S&P futures crashed as the election results came in, however, after
Trump’s early Wednesday, 11/9/16, well-received acceptance speech, stocks took
off to the upside and never looked back for an epic three-week rally.
The Daily Chronology of Global Markets and World Economics is the only
document available that recorded the futures, stocks, bond and currency moves
in real-time as election results came in. That was quite a night of drama
on Tuesday, 11/8/16, into Wednesday morning and it can only be re-lived by
reading the chronology. Market enthusiasts will reference this month’s chronology
for years to come since the 2016
presidential election drama is explained as it unfolds in real-time, hour by
hour.
The four major stock indexes, the S&P 500, Dow Jones Industrials,
Nasdaq Composite and Russell 2000 small caps all print historic all-time highs
in November. Global bonds crash with yields going parabolic. Those that
have been touting inflation for several years proclaim that this time inflation
is here to stay. The jury remains out.
The November issue includes the results and market reactions to both the
11/4/16 and 12/2/16 job reports. OPEC reaches an oil production cut agreement
which sends oil prices vertically higher with WTIC (West Texas Intermediate
Crude oil) testing the 50-52 price level for the fourth time since May.
India is undergoing a major currency shift where all large cash
bills are being removed from society as a means of decreasing corruption, tax
evasion and black market movement of goods. The highest bill now in
circulation in India is equivalent to about $15 in the United States (between a
$10 bill and $20 bill). The India government does not have enough of a supply
of small bills showing a gross lack of planning. India’s economy suffers from
the move with GDP slipping a touch and the stock market sinking.
The drama ahead is the Italian referendum vote on Sunday, 12/4/16. This may
create turmoil with the insolvent Italian banks which are pieces of garbage. Austrian
elections are also occurring on 12/4/16.
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 repeat the same mantra in
2015-2016. The stock market topped out in May 2015 which placed anyone that
listened to television pundits over the last couple years either flat or
underwater on their long trades. The central banker go juice has pumped stocks
higher from February of this year to present creating new all-time highs and rewarding
those that blindly remain long with full confidence in the Federal Reserve’s
Keynesian schemes.
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 is printing, the chronology serves as the most accurate accounting of
the stock market topping process ever recorded in economic and market
history. The chronology is the most reliable and easy
to understand source for explaining global markets. The chronology
is cheap and very easy to read and avoids using fancy ten-dollar college words.
As always, all monthly publications of the Daily Chronology of GlobalMarkets 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.
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