Whoa, welcome to a TERRIFICLY FABULOUS DAY! Stocks are back up in rising volume, precious metals still trade nicely and futures traders say stocks will be up +0.56% an dmetals +0.78%. Reason? today we get the GDP numbers:
8:30 AM GDP - Third Estimate
8:30 AM GDP Deflator - Third Estimate
8:30 AM Initial Claims
8:30 AM Continuing Claims
8:30 AM International Trade in Goods
10:00 AM Pending Home Sales
10:30 AM Natural Gas Inventories
Everything's perfect and everyone in the news knows it:
The Fed Is Leading Us To Economic Hell:Neither Trump nor Clinton Gets Economics - Mark Hendrickson, Forbes
Are Stocks In the U.S. Headed To the Moon? - Mark Hulbert, USA Today
Trump Is Owning Ms. Clinton on Trade - Alex Shephard, The New Republic
How Bankruptcies Shaped Trump's Political Style - Jonathan Lipson, USA
Inequality Built Donald Trump Coalition - Richard Reeves, Las Vegas Sun
Hillary Clinton's Big Tax Policy Mistake - David Leonhardt, New York Times
Open Letter to Trump Senior Advisor Peter Navarro - Don Boudreaux, CF
The Clintons May Have Had a Role In the '08 Crisis - Editorial, Investor's
And the plan is to blame it all on free enterprise and the republicans.
Only Marx can save us now!
So, what does the average Joe do to protect himself and his family?
Obama and Soros have been licking their chops.
Because if Trump wins, they simply pull the stopper out of the drain and say, “Republicans”.
Then we’ll see what this country is made of.
Warren Buffett Is the Latest Billionaire To Jump Ship From The Markets
http://www.marketoracle.co.uk/Article56676.html
27SEP2016
I'm still trying to figure out what the hell
is a negative interest rate.
Our Federal Reserve with coordination (G20/State Banks) internationally have done two things outside the norm. One is Quantitative Easing is now mainstream to the point some governments require it alone to stay solvent, e.g., they print money. The second thing is Near Zero Interest Rates (achieved only by printing money).
bkmk