Wednesday, December 21, 2016

THURSDAY 12/22/16; Italian Bank Worries Linger; Bitcoin Goes Parabolic Topping 800; CAG; Dow 20K Watch Continues; Durable Goods; GDP (Gross Domestic Product); US Income and Spending; Leading Indicators; CALM; CTAS

The Dow 20K watch continues. Stocks are

[Text is redacted. Purchase the 2016-12 chronology to enjoy December's economic and market history.]

 was not planning to defend Israel in the vote which is a diversion from US policy. Trump twists Egypt’s arm behind the scenes and the UN postpones the vote. Trump says the US will continue to support Israel. The US provides aid to Egypt so that was likely held over their head. Obama is a lame duck. Trump is taking control.

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