Thursday, October 5, 2017

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.






[Purchase the 2017-10 chronology for October's exciting economic and market real-time history.]






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.

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