FRIDAY 12/1/17; Global PMI’s; BIG; ULTA; ISM Mfg Index; President Trump’s Former National Security Adviser Michael Flynn Pleads Guilty to Lying and Cooperates with FBI Investigation; US Stocks Collapse on Flynn News; Japan 10-Year Yield Slips Negative; Senate Votes on Tax Bill

Today is the first trading day of December. S&P -7. Dow -33. Nasdaq -13. US futures are soggy on news that the Senate will not vote on the tax bill Thursday and instead delay the vote until today at 11 AM EST (4 PM London; 5 PM Frankfurt; 1 AM Saturday morning Tokyo).

Euro 1.19. Dollar/yen 112.58. Pound 1.3532. Bitcoin 10059. WTIC oil 57.37.

Treasury yields are; 2-year 1.79%, 5-year 2.14%, 5-year 2.41%, 30-year 2.83%. The 2-10 spread is at 62 bips.

South Korea trade numbers 



[Purchase the 2017-12 chronology to take a wild ride in the cybercurrency market and experience the S&P 500 crossing above 2,700 and Dow Industrials above 25,000.]

Americans want to see the democrats and republicans work together but instead it is wall-to-wall partisanship for the last decade. Washington, DC, is dysfunctional and corrupt.