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 

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