Thursday, March 30, 2017

THURSDAY 3/30/17; TITN; WOR; GDP (Gross Domestic Product); Fed Speak; WTIC Oil is Above 50; COMPQ (Nasdaq Composite) and NDX (Nasdaq 100) All-Time Record Highs; AMZN Record High; VJET

Treasury yields are; 2-year 1.27%, 5-year 1.93%, 10-year 2.38%, 30-year 2.99%.

[Text is redacted. Purchase the 2017-03 chronology to enjoy March's economic and market history including new all-time highs in the stock market.]

 former cabinet member making an immunity deal to provide testimony is not good news for any sitting president. Trump’s feet are sinking into the soft mud in the Washington, DC, swamp that he had vowed to drain. Flynn was a close confidant of the president over the last two years so it will feel like a stab in the back from his one-time very close friend. How appropriate since it is the Ides of March when Julius Caesar was betrayed even by his close friend Brutus. Caesar asked his friend, “Et tu, Brute (you too, Brutus?)?” Trump is asking, “Et tu, Flynn?”

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