Saturday, May 27, 2017

FRIDAY 5/26/17; Japan CPI; G7 Summit; BIG; DECK; ULTA; Durable Goods; US Q1 GDP; Consumer Sentiment; SPX (S&P 500), COMPQ (Nasdaq Composite) and NDX (Nasdaq 100 Index) All-Time Record Highs; Bitcoin Crashes to 2,067; WTIC Oil Prints Death Cross

Japan April CPI (Consumer Price Index) is up +0.4% on-year matching estimates. Japan Core (ex food and energy) CPI is up

[Text is redacted. Purchase the 2017-05 chronology to enjoy May's economic and market history including new all-time highs in the stock market.]

Politicians do what is best for themselves, and their respective parties, with the goal of always attaining more money and power. More Americans are declaring a pox on both houses, the demopublicans and republocrats, which will likely lead to increased social unrest, especially in the major cities, in the weeks, months and years ahead. The crony capitalism system in America is spinning out of control. Greed, money and power are the themes for 2017.

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