US futures are flat. S&P flat. Dow +8. Nasdaq +8. Aussie
and Asia markets begin trading higher piggy-backing on the US market joy. The
NIKK pops +1.6%. Topix +1%. Tech stocks rally. ASX 200 +0.3%. Healthcare stocks
lead higher. KOSPI +1%. SK Hynix pops +0.6%. New Zealand’s stock market index
is up +0.5%.
[Purchase the 2017-11 chronology to read and study the market drama in November.]
Sexual misconduct allegations and charges are dominating
news coverage in the United States. Celebrities and politicians are called to
account for past indiscretions. Several sick lawmakers are accused of groping
females including underage victims. Many Washington, DC, politicians and other
big shots are accused of sex scandals, sexual harassment, sexual assault and
even rape for acts performed over the last three decades. Paraphrasing English Catholic historian John Dalberg-Acton from the 1800's, 'power corrupts and absolute power corrupts absolutely'.
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