Friday, August 31, 2018

SATURDAY 9/1/18

The S&P 500, Nasdaq Composite, Nasdaq 100, Russell 2000, Australia’s ASX 200 and India’s BSE Sensex all print record highs this past week. SPX 2902. INDU 25965. COMPQ 8110. NDX 7655. RUT 1741. NIKK 22865. SPASX200 6320. KOSPI 2323. SSEC 2725. HSI 27889. BSE 38645. DAX 12364. CAC 5407. FTSE 7432. MIB 20269. IBEX 9399. PSI 5423.

[Purchase the September publication 2018-09 that explains the moves in global stock, bond and Forex markets.]

FRIDAY 8/31/18; EOM (End-of-Month); Emerging Market Currency Crisis Contagion; BOK Rate Decision; BIG; Chicago PMI; Consumer Sentiment; Italy in Turmoil; Argentina Receiving Life-Line from IMF; US-Canada Trade Talks Break Down but Will Resume Next Week; RUT, AAPL and AMZN Print All-Time Highs

Emerging market currencies are in trouble around the globe. The Indonesia rupiah, Indian rupee, Argentinian peso, South African rand and Turkish lira are in 

[Purchase the August publication 2018-08 for the detailed explanation of the economic data, politics and news events impacting global stock, bond and currency markets.]

THURSDAY 8/30/18; Emerging Market Currencies Collapse; Argentina Currency Crisis Unfolding; ANF; DG; DLTR; BURL; MIK; SIG; CPB; COO; CIEN; TITN; Personal Income and Outlays; Core PCE Inflation +2%; AMZN (Amazon) Prints New All-Time High Above 2K; COMPQ, NDX, XLK and AAPL Print All-Time Highs; MIB (Italy) Sinks -1.3%; President Trump Touts $200 Billion Tariffs Against China; US Stocks Tank; AMBA; LULU; ULTA

Japan Retail Sales are up +0.1% month-on-month below the +0.2% expected.

[Purchase the August publication 2018-08 for the detailed explanation of the economic data, politics and news events impacting global stock, bond and currency markets.]

Saturday, August 25, 2018

SATURDAY 8/25/18

SPX 2875 (record high). INDU 25790. COMPQ 7946 (record high). RUT 1726 (record high). NIKK 22602. SPASX200 6247. KOSPI 2293. SSEC 2729. HSI 27672. BSE 38252. DAX 12395. CAC 5433. FTSE 7577. MIB 20742. IBEX 9590. PSI 5497.

100 people are murdered in London this year. Downplaying terrorist attacks and pretending Islamic radicalism does not exist slowly 

[Purchase the August publication 2018-08 for the detailed explanation of the economic data, politics and news events impacting global stock, bond and currency markets.]

FRIDAY 8/24/18; US 2-10 Yield Spread Narrows to 18 Basis Points!; Australia PM Malcolm Turnbull Replaced by Scott Morrison; BKE; FL; HIBB; GME; Durable Goods; Federal Reserve Powell Speaks at Jackson Hole; US Stocks Rally; SPX, INDU, COMPQ and XLY Print Record Highs; President Trump’s Political and Legal Problems Deepen

Japan Consumer Prices are up +0.9% year-on-year missing the 

[Purchase the August publication 2018-08 for the detailed explanation of the economic data, politics and news events impacting global stock, bond and currency markets.]

Friday, August 10, 2018

FRIDAY 8/10/18; Turkey Collapses Into Full-Blown Currency Crisis After President Erdogan’s Defiant Speech; Turkish Lira Plummets to 6.66; NIKK (Japan) Drops -1.3%; Pound Prints 1.27-Handle; US Dollar Index Above 96; CPI (Consumer Price Index); REV; RUTH; DAX (Germany) Collapses -2%; CAC (France) Sinks -1.6%; MIB (Italy) Plummets -2.5%; IBEX (Spain) Drops -1.6%; Euro Prints 1.13-Handle on Contagion Fear; AAPL (Apple) Prints Record High; US Stocks Selloff

S&P -2. Dow -8. Nasdaq -10.

Euro 1.1524. Dollar/yen 111.09. Pound 1.2829. Aussie dollar 0.7372. Kiwi 0.6606; the New Zealand dollar is at lows not seen since March 2016 after the dovish comments from the 

[Purchase the August publication 2018-08 for the detailed explanation of the economic data, politics and news events impacting global stock, bond and currency markets.]

Sunday, August 5, 2018

July Publication of the Daily Chronology of Global Markets and World Economics 2018-07 is Available from Amazon


The July publication of the Daily Chronology of Global Markets and World Economics 2018-07 is available from Amazon.

The Daily Chronology of Global Markets and World Economics 2018-08 for August is tentatively set for publication by Amazon on Saturday, 9/1/18.

Friday, August 3, 2018

FRIDAY 8/3/18; Global PMI Services; SSEC (China) and HSI (Hong Kong) in Bear Market; US Monthly Jobs Report Disappoints at 157K Jobs; ISM Non-Mfg Index; DISH; NBL

US Commerce Secretary Wilbur Ross says, “There is more pain ahead for China” unless their financial system is 

[Purchase the August publication 2018-08 for the detailed explanation of the economic data, politics and news events impacting global stock, bond and currency markets.]

Treasury yields are; 2-year 2.645%, 5-year 2.81%, 10-year 2.95%, 30-year 3.09%.