Thursday, August 3, 2017

FRIDAY 8/4/17; US Monthly Jobs Report; KHC; CI; WCG; CTB; CCC; ITT; REV; INDU (Dow Jones Industrials) Print 8th Consecutive All-Time High

S&P -3. Dow -9. Nasdaq -4. Euro 1.1882. Long euro options are at the highest levels in eight years. A huge consensus expects 





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









50,000 people show up for the Amazon employment recruitment day yesterday and today willing to stuff products in cardboard boxes; all these folks desperately want jobs. Obviously, the country is not at full employment even at an unemployment rate of 4.3% or lower. The rich have become filthy rich over the last eight years courtesy of the central bankers pumping the stock market higher while the poor have become poorer suffering through structural unemployment. The huddled masses are buying pitchforks and torches preparing for the months and years ahead.

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