SATURDAY 10/28/17; Catalonia Independence Drama Continues; US FBI Special Counsel Mueller Files First Charges in Russia Probe

The world’s stock markets are at record highs as the 






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to name the new Federal Reserve chairman by Friday, 11/3/17 when his Asia trip begins, however, he also promised to name the person two weeks ago which was a lie. Trump appears to be leaning towards Jerome Powell that is a more dovish choice than John Taylor. The stock market responded positively on the news yesterday with the “Powell Rally.” The central bankers are the market.

FRIDAY 10/27/17; NIKK (Japan) Prints 21-Year High Above 22K; KOSPI (South Korea) Prints Record High; BSE Sensex (India) Prints Record High at 33.2K; ABBV; COG; CVX; CL; COL; GT; HUN; MRK; PSX; RBS; SHPG; SPG; XOM; WY; US Q3 GDP (Gross Domestic Product) at +3.0%; US Dollar Index Above 95; Euro Prints 1.15-Handle; Consumer Sentiment; DAX (German) Prints All-Time Record High; IBEX (Spain) -1.5%; Catalonia Independence Drama Increases; Brent Oil Prints 2-Year High Above 60; “Powell Rally”; SPX, COMPQ and NDX Print All-Time Record Highs; COMPQ +2.2%; NDX +2.9%; AMZN +13.2%; GOOGL +4.3%; MSFT +6.4%; VIX Prints 9-Handle

Russia conducts missile tests across its vast territory. Four nuclear-capable ballistic missiles are fired from land and sea. The Russia ministry says all four missile tests successfully hit the intended targets. Global tensions rise as North Korea rattles its saber.

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 developing scandals may expose at least some of the ongoing rampant corruption in Washington, DC.

THURSDAY 10/26/17; European Bank Earnings; ECB Rate Decision and President Draghi Press Conference; Biggest Day of US Earnings Season; TWTR; F; ABB; APD; MO; AAL; BUD; SAN; BWA; BSX; CELG; CHTR; COP; COR; DB; DNKN; GPI; GTLS; HSY; HLT; IMAX; KKR; LAZ; MCK; POT; PX; RTN; RS; UNP; USG; UPS; WM; XEL; XRX; US Trade Data; European Stock Indexes Catapult Higher on Lower Euro; GOOGL; AMZN; MSFT; INTC; ALGN; BIDU; BMRN; CERN; CB; CY; EMN; EGO; GE; GILD; FE; FSLR; HIG; KLAC; MAT; MCK; NOV; NEM; PURE; SYK; VRSN; WDC

Global traders are waiting for the European Central Bank rate decision and most importantly President Draghi’s press conference later this morning (about 12 hours away) at 8:30 AM EST (1:30 PM London; 2:30 PM Frankfurt; 9:30 PM Tokyo). Markets in the Pacific theater are opening for the Thursday trade.

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In late trading, GOOGL gains +3.5% to 1026 a new record high. AMZN rockets +7.6% higher to 1046 and should print a new record closing high tomorrow if not a new record high. MSFT is up +3.1% to 81.19 a new record high. INTC is up +1.9% to 42.13 a new record high. The stock market joy is never-ending.

SUNDAY 10/22/17; Japan Snap Elections

The polls are open in Japan for the snap election. Prime Minister Abe is expected to retain power despite the growing popularity of the Governor of Tokyo Yuriko Koike that leads the newly-formed Party of Hope. Her popularity fades quickly since she appears more concerned about remaining governor through the 2020 Olympic Games. Of course Abe labels Yuriko Koike as inexperienced and indecisive.

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The Kurds complain that US weapons are now turned against them with the Iraqi army seizing control of their region. President Trump supported the Kurds through his election campaign and first few months of his presidency, however, now says he remains neutral on the matter. By saying he is neutral, Trump is standing with the Baghdad government. Iraq may descend into civil war unless the Kurds and Iraqi government can pursue diplomatic talks.

Euro 1.1783. Dollar/yen 113.50. Pound 1.3188. USD 93.70.

SATURDAY 10/21/17; Bitcoin Above 6,100; Spain Emergency Cabinet Meeting

SPX 2575 (all-time record high). INDU 23329 (all-time record high). COMPQ 6629 (all-time record high). NDX 6109 (remaining near record high). RUT 1509 (remaining near record high). NYA 12431 (all-time record high).

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 the establishment in Washington, DC, on both sides of the aisle, does not like President Trump. The president is gracious concerning the event in a video message thanking the five former presidents for helping with Puerto Rico and the hurricane relief efforts.

FRIDAY 10/20/17; NIKK (Japan) Prints Record 21-Year High Up 14 Consecutive Days; BHGE; CLF; GE; STI; KSU; SLB; Existing Home Sales; Bitcoin Above 6,000; SPX, INDU, COMPQ and NYA Print All-Time Record Highs; Fed Chair Yellen Speaks

Asia and Aussie markets begin trading higher encouraged by the US Senate passing the budget plan. The House says it will approve the budget. The agreement paves the way for the tax cut package going forward. S&P futures are up +5 boosted by the news.

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Yellen did not comment on her future at the Fed. Jerome Powell is believed to be the favorite pick of President Trump for the next Federal Reserve chairman when Yellen’s term expires on 2/3/18. Trump promised to announce his decision for the next Fed chairman within 13 days (by 11/3/17). 

THURSDAY 10/19/17; Japan Exports/Imports; China Economic Data Including Q3 GDP (Gross Domestic Product); NIKK (Japan) Rallies 13 Consecutive Days; HSI (Hong Kong) Collapses -2%; PBOC Governor Zhou Warns About a “Minsky Moment”; Spain Proceeds with Suspending Catalonia Autonomy; Two-Day EU Summit Begins; BBT; DOV; GPC; KEY; PM; PPG; TXT; TRV; VZ; Philly Fed Business Outlook Survey; AAPL Collapses -2.4%; SPX, INDU and NYA Print All-Time Highs; ATHN; ISRG; Congress Approves Budget Bill

Today is the 30-year anniversary of the Black Monday stock market crash on 10/19/1987. The Dow fell 508 points a record -23% crash the biggest drop in history. This crash would be equivalent to the Dow losing over 5,000 points. Safeguards and circuit breakers are in place nowadays to 






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Republicans are just as big spenders as the democrats. There are less than 30 fiscally-conservative lawmakers remaining in Washington, DC, such as Rand Paul. The establishment demopublicans and republocrats continue damaging the country over the last four decades. They are only concerned about their own power and wealth and protecting the US crony capitalism financial system that rewards 20 million Americans at the expense of the other 300 million.

S&P futures pop +10 points in a heartbeat but then relax to +4.

SATURDAY 10/7/17; Hurricane Nate Targets New Orleans

All seven major United States stock market indexes print all-time 






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 the London event was a car accident and not terror related. London authorities have no credibility without releasing details concerning the driver. London continues pretending that they do not have a terrorism problem. Thousands of Brit’s take to the London streets to protest the upsurge in extremism and terrorist attacks.

FRIDAY 10/6/17; US Dollar Index Above 94; Pound Falls as UK PM May’s Leadership is Challenged; US Monthly Jobs Report; 33K Jobs Lost First Negative Number in 7 Years; Oil Collapses -3%; WTIC Oil Below 50; Fed Speak; Wholesale Trade; Consumer Credit

US futures are flat. S&P -2. Dow -12. Nasdaq -5. Global investors are waiting on the US Monthly Jobs Report that hits at 8:30 AM EST.

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General Electric stock has performed like a piece of garbage over the last year so the executives likely figured the sooner changes are made the better. GE drops -0.4% in late trading adding to the -0.6% loss during the regular session. Traders may be thinking the new boss looks a lot like the old boss.

THURSDAY 10/5/17; Challenger Job-Cut Report; STZ; International Trade; Fed Speak; Factory Orders; IBEX (Spain) Jumps +2.5%; Copper Rallies +3%; SPX, INDU, COMPQ, NDX, RUT and NYA Print All-Time Highs; COST; YUM

Asia and Aussie markets begin trading flat. NIKK +0.1%. Topix +0.1%. ASX 200 +0.1%. South Korea, China and Hong Kong markets are closed for holidays so the session should be quiet.

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President Trump brags about the new all-time record stock market highs. In a tweet, the orange-headed leader proclaims, “Stock Market hits an ALL-TIME high! Unemployment lowest in 16 years! Business and manufacturing enthusiasm at highest level in decades!” The president should know better. If he takes credit for the stock market joy now, he will have to absorb the criticism for a market selloff and recession in a few months.

WEDNESDAY 10/4/17; RBI Rate Decision; Catalonia Drama Continues; Spain’s IBEX Collapses -3%; ADP Employment Report; MON; PEP; President Trump Says Puerto Rico Debt will be Wiped-Out; Puerto Rico Bonds Collapse; MBI Crashes -13%; Global PMI Services Indexes; ISM Non-Mfg Index; WTIC Oil Drops Below 50; Fed Chair Yellen Speaks; TRAN (Dow Jones Transports) Above 10K; SPX, INDU, COMPQ, RUT, NYA and TRAN Print All-Time Record Highs; SPX (S&P 500) Rallies +2% in 6 Days

S&P -1. Dow -2. Nasdaq -3. WTIC oil 50.18. Brent oil 56.00. Natural gas 2.90. Gold 1272. Silver 16.66. Copper 2.959. Platinum 913.

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market action is historic. Stock markets run higher making the wealthy that own large stock portfolios filthy rich while the huddled masses struggle to find jobs that pay a decent wage. The divide between rich and poor in America remains at a 5-decade high. It is shameful and even criminal how the central bankers support the wealthy elite class while ignoring the common people. This behavior will surely result in social unrest in the United States in the months and years ahead likely triggered by a recession.

September Publication of the Daily Chronology of Global Markets and World Economics 2017-09 is Available from Amazon; Stock Market Record Highs; SPX 2519; INDU 22420; COMPQ 6498; NDX 6013; RUT 1494; NYA 12209; TRAN 9935; Hurricanes Harvey, Irma, Maria; Puerto Rico Devastated; Mexico Earthquake; Bitcoin 5000+; North Korea Tests H-Bomb; London “Bucket Bomb” Terror Attack; Brent Oil Golden Cross; Apple Unveils iPhone 8 and X (10); German Chancellor Merkel Wins Reelection

The September Publication of the Daily Chronology of Global Markets and World Economics 2017-09 is available through Amazon. The historic market action continues with more all-time and multi-year record stock market highs printing in the major indexes and for individual stocks around the world. The world is awash in central banker liquidity so all asset classes continue floating ever higher.

September Cover Highlights;

STOCK MARKET RECORD HIGHS

SPX 2519, INDU 22420, COMPQ 6498, NDX 6013, RUT 1494, NYA 12209, TRAN 9935

HURRICANES HARVEY, IRMA, MARIA

PUERTO RICO DEVASTATED

MEXICO EARTHQUAKE

BITCOIN 5000+

NORTH KOREA TESTS H-BOMB

LONDON “BUCKET BOMB” TERROR ATTACK

BRENT OIL GOLDEN CROSS

APPLE UNVEILS IPHONE 8 AND X (10)

GERMAN CHANCELLOR MERKEL WINS REELECTION

The September chronology highlights the non-stop all-time record breaking stock market highs in all seven major indexes. Bitcoin prints above 5000 but retreats as China places more restrictions on cyber currencies. Brent oil prints a golden cross stock chart pattern indicating more new highs ahead although West Texas Intermediate Crude oil has not printed a golden cross as yet.

The daily Whitehouse drama continues with 16 key personnel changes occurring after only eight months an unprecedented revolving door. North Korea tests an H-Bomb that rocks the world. London is hit with another terrorist attack. German Chancellor Merkel is reelected.

Hurricanes slap the Caribbean Islands and United States. Puerto Rico and the Virgin Islands are destroyed. Mexico is hit with a major earthquake.

Appple unveils the new iPhone 8 and X (pronounced 10) models. The iPhone X has a new fancy facial recognition system that failed during the stage presentation. Production problems are occurring with the iPhone X as the facial recognition sensors are not working as well as expected.

The chronology explains the price moves in global stock, bond and currency markets after key geopolitical events, central bank monetary policy meetings and economic data releases such as the monthly jobs report. If you are trying to make sense of the markets this is the resource for you. No other publication exists where the stock, bond and currency moves are detailed and explained as world events and economic news take place in real-time.

You can re-live the real-time price moves and excitement in markets for any past events including the May 2015 stock market top (2015-02 through 2015-10), Brexit (2016-06 and 2016-07), the US election (2016-10 and 2016-11), the drama behind the French election (2017-04 and 2017-05), economic data releases, monthly jobs reports, Fed meetings and much more. The wild overnight crash in the S&P futures, and quick recovery, after President Trump’s election last November is chronicled in real-time, as it happened minute-by-minute, in the 2016-11 publication.

As always, all monthly publications of the Daily Chronology of Global Markets and World Economics are available from the links in the margins of the K E Stone blog sites or simply searching on Amazon or Google. The monthly publications contain updated information not posted on the Keystone the Scribe web site as well as clarifications, corrections, edits and refinements to the ongoing daily blog text.

The October 2017-10 chronology is tentatively set for publishing by Amazon on Saturday, 11/4/17.

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