Monday, August 14, 2017

TUESDAY 8/15/17; Bitcoin Above 4.4K; Germany GDP (Gross Domestic Product); UK Inflation Data; HD; AAP; COH; DKS; TJX; Retail Sales; Empire State Mfg Survey; Business Inventories; URBN; A

US futures are buoyant after the big rally. S&P +2. Dow +22. Nasdaq +6. Asia index futures point to positive opens. South Korea and India are not trading today due to holidays. India CPI is +2.4% year-on-year above the +2.1% expected. Wholesale prices are also rising.

Bitcoin continues setting records day after day now 





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







 Richard Trumpka steps down from President Trump’s manufacturing council. This drip, drip, drip of drama is not helpful for the president. It further bogs down his agenda. Trump should tell the remaining prima donnas on his manufacturing and jobs council to speak up by tomorrow if they plan to leave, otherwise, shut your pie hole.

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