Thursday, August 10, 2017

FRIDAY 8/11/17; Cascading Global Stock Market Selloff; VIX Above 17; Bitcoin Above 3500; US 2-10 Yield Spread 86 Bips Representing Flatter Yield Curve; United States “Locked and Loaded” Against North Korea; JCP; BYD; CPI (Consumer Price Index); President Trump Threatens Military Action Against Venezuela

Japan markets are closed today for Mountain Day and do not resume trading until Monday. The Japanese spend a day 






[Purchase the 2017-08 chronology for August's economic and market real-time history including new all-time record stock market highs.]





 President Trump talks about Venezuela and says a military option is on the table. Most Americans will not like hearing this shocking development. One of the reasons Trump was elected was to pull the United States out of wars and instead he is stirring up the pot for a conflict in the Pacific theater and now threatens Venezuela with military action. Trump will need to treat these matters more seriously rather than making flippant remarks and typing obscure tweets.

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