SUNDAY 9/30/18; China PMI’s

The Sulawesi, Indonesia, quake kills 850 with the death count rising. Over 600 are injured. Hospitals are overflowing with doctors and nurses treating people 

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SATURDAY 9/29/18

SPX 2914. INDU 26458. COMPQ 8046. RUT 1697. NIKK 24143 (27-year record high). SPASX200 6208. KOSPI 2343. SSEC 2821. HSI 27789. BSE 36227. DAX 12247. CAC 5493. FTSE 7510. MIB 20712. IBEX 9389. PSI 5359.

Over 400 are killed in a 7.5 magnitude earthquake and tsunami in 

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FRIDAY 9/28/18; EOM (End-of-Month): EOQ3 (End-of-Third Quarter); Japan Economic Data; NIKK (Japan) Rallies +1.4% Printing a 27-Year High; Italy Budget Turmoil; MTN; PRGS: Personal Income and Outlays (Inflation) Data; Chicago PMI; Consumer Sentiment; MIB (Italy) Crashes -3.7%; DAX (Germany) Loses -1.5%; IBEX (Spain) Drops -1.5%; PSI (Portugal) Loses -1.2%; US Stock Market Prints Best Quarter (Q3) in Five Years

Japan August Industrial Output is +0.7% month-on-month below the +1.4% expected. Japan Retail Sales are strong up +2.7% year-on-year versus the +2.0% expected. Japan’s economy is hurt in the near term by 

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WEDNESDAY 9/26/18; KMX; New Home Sales; FOMC Rate Decision, Forecasts and Chairman Powell Presser; Fed Hikes Key Rate 25-Bips As Expected; UTIL (Utilities) Lose -1.1%; Stocks Collapse into Closing Bell; BBBY

Euro 1.1766. Euro/yen 132.90. Dollar/yen 112.96. Pound 1.3179. Euro/pound 0.8927. Mexican peso 18.9945. Canadian dollar 1.2953. Dollar/yuan 6.8675. Indian rupee 72.695. Aussie dollar 0.7249. USD 94.14. Argentinian peso 38.222; the peso weakened to new lows after the central bank president resigned yesterday.

WTIC oil is 

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SUNDAY 9/16/18; Stormy Weather

Typhoon Mangkhut creates devastation in Philippines and now hits Hong Kong with 100 MPH (165 KPH) winds and gusts topping 130 MPH (KPH). Towns and homes in the Philippines are flattened like pancakes. 50 are dead. Flooding and power outages are a major problem. Airline flights are cancelled or delayed. Two die in Hong Hong. The storm is losing intensity. 100K people are evacuated from Honk Kong and southern China.

In the US, the people in North and South Carolina continue dealing with the rain and floods from Hurricane Florence. 13 are 

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SATURDAY 9/15/18; Lehman Brothers Bankruptcy 10-Year Anniversary

SPX 2905. INDU 26155. COMPQ 8010. RUT 1722. NIKK 23095. SPASX200 6165. KOSPI 2318. SSEC 2682. HSI 27286. BSE 38091. DAX 12124. CAC 5353. FTSE 7304. MIB 20885. IBEX 9365. PSI 5285.

The fallout from the ongoing Hurricane Florence storm continues. The event is dumping buckets of rain in the Carolina’s. Power outages and flooding are rampant. Five people die.

Today is the 10-year anniversary of the Lehman Brothers bankruptcy that exacerbated the 2008-2009 market crash and financial crisis. A couple days later, on 9/17/08, AIG was bailed out with taxpayer money. On 9/23/08, Federal Reserve Chairman Bernanke and Treasury Secretary Hank Paulson stepped in to save (in their minds) the remaining banks and financial system to protect the wealthy’s stock portfolios. They spit on capitalism a decade ago with the obscene bank and corporate bailouts proving that free markets do not exist.

The US government did not 

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FRIDAY 9/14/18; China Economic Data; NIKK (Japan) Rallies +1.2%; KOSPI (South Korea) Jumps +1.4%; PLAY; Retail Sales; Import and Export Prices; Industrial Production; Business Inventories; Consumer Sentiment; TRAN (Dow Transports) Print Record High; President Trump Rattles Market with $200 Billion Tariff Talk

Euro 1.1690. Dollar/yen 112.05. Pound 1.311. Aussie dollar 0.7186. Dollar/yuan 6.8448. Dollar/yuan, offshore, USD-CNH, 6.8453. Turkish lira 6.1295. Korean won 1121. Indonesian rupiah 14840. Philippine peso 54.061. Indian rupee 72.185.

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SUNDAY 9/9/8; Sweden Election; Rosh Hashanah

Hermit kingdom North Korea celebrates its 70th anniversary as a nation. The military parade does not display the intercontinental ballistic missiles from prior events to show that NoKo is cooperating with seeking peace on the peninsula. The goose-stepping soldiers are on full display but nuclear weapons are 

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SATURDAY 9/8/18

SPX 2872. INDU 25917. COMPQ 7903. RUT 1713. NIKK 22307. SPASX200 6144. KOSPI 2282. SSEC 2702. HSI 26973. BSE 38390. DAX 11960. CAC 5252. FTSE 7278. MIB 20448. IBEX 9171. PSI 5233.

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FRIDAY 9/7/18; China Awaits Potential $200 Billion in US Tariffs; US Monthly Jobs Report; Fed Speak; President Trump Threatens China with $267 Billion Additional Tariffs on Top of the $200 Billion Creating a Stock Market Selloff

Euro 1.1623. Euro/yen 128.67. Dollar/yen 110.666. Pound 1.2928. Euro/pound 0.8991. Mexican peso 19.2353. Canadian dollar 1.3154. Dollar/yuan 6.8355. Indian rupee 71.99. Aussie dollar 0.7198. The New Zealand dollar, kiwi, is at 0.659 as RBA Governor Orr comments on the dominance of short-term thinking in financial markets.

US futures are 


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TSLA bounces +0.5% clawing back a smidgeon of its -6.3% loss during the regular session on news that Tesla managers and executives are appointed to new positions. TSLA is bludgeoned -13% this week and down -32% off its top one month ago when CEO Musk allegedly fabricated the story about Tesla going private. If you owned $18,000 in Tesla stock in early August it is now worth $12,000. Musk the party-boy is out of control and behaving erratically.

August Publication of the Daily Chronology of Global Markets and World Economics 2018-08 is Available from Amazon

The August publication of the Daily Chronology of Global Markets and World Economics 2018-08 is available from Amazon.

The Daily Chronology of Global Markets and World Economics 2018-09 for September is tentatively set for publication by Amazon on Saturday, 10/6/18.