Sunday, January 15, 2017

TUESDAY 1/17/17; UK May Speaks on Brexit; Pound Above 1.23; MS; UNH; Empire State Mfg Index; Fed Speak; CSX; UAL

US futures are trading soggy. S&P -6. Dow -48. Nasdaq -10. Russell flat. Australia’s ASX 200 is down -0.7% in the early going. Aussie banks are sinking -1% and more. Gold miners are a bright spot. Newcrest +1.3%. Cathay Pacific is overhauling its airline business which likely means canning employees so the stock jumps +3%.

[Text is redacted. Purchase the 2017-01 chronology to enjoy January's economic and market history including Dow 20K and SPX 2.3K.]

Americans are realizing how they were sold down the river over the last 40 years by the demopublicans and republocrats. Both parties have created the country’s mess one is as guilty as the other. The wealthy elite class in concert with the political establishment, and of course the central bankers, collude in a greedy Keynesian money-printing scheme over the last eight years to enrich themselves after the 2008-2009 financial crisis. The huddled masses are becoming more educated concerning the ongoing games of the privileged class. The fastest growing business in America going forward will be pop-up pitchfork and torch stores.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.