THURSDAY 12/21/17; First Day of Winter; BOJ Rate Decision; Jakarta Index Prints Record High; KOSPI (South Korea) Index Collapses -1.7%; KMX; CAG; FINL; ACN; PAYX; US Q3 GDP (Gross Domestic Product); Philly Fed; Leading Indicators; NYA (NYSE Composite) and TRAN (Dow Jones Transports) Print All-Time Record Highs; NKE; CTAS; Congress Passes Bill Averting Government Shutdown Until January

Today is the first day of winter for the northern hemisphere also the shortest day of the year.

The US 10-year Treasury note yield is at 2.50% the highest level since March. Treasury yields are; 2-year 1.86%, 5-year 2.24%, 10-year 2.50%, 30-year 2.88%. The 2-10 spread is 64 basis points.

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

 five companies that quickly kissed President Trump’s dupa after the tax cut bill passed through Congress were simply currying favor from the government for ongoing and future M&A activity and also lobbying for leniency and special treatment in regulatory affairs. America is a crony capitalism financial system. One hand washes the other.