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8.15.2017 Bookmark

8.15.2017

Hello everyone, welcome to a better day ( for me anyway)

Yesterday I was way out of the loop taking care of the sickly son, but from what I saw, I didn't miss much. A massive ramp out of the gate, and then a slight fade off to cruise into the close with a gain of 135 DOW points, and 24 S&P's. The big winner was the 83 on the NASDAQ. That's a lot. 

8.15.2016 - Insiders Club Bookmark

8.15.2016

Hello all, welcome back from the weekend. As always I hope it was a good one for you all. My heart goes out to all our friends in Louisiana who have suffered through those horrendous rains. 20 inches in 24 hours is something very few people have ever had to deal with. Down here in Florida, we've been getting torrential rains every day, but at least they're only lasting 45 minutes or so.  It's bothersome, but not threatening. The folks in the New Orlean's area are in trouble.  Our prayers go out to them.

12.15.2014 Empire Report Crashes! Bookmark

In the macro, which simply means the big picture, nothing could possibly be worse. I really mean that folks. Bonds are up a huge 14 points since July 2014. Bonds will soon be higher than they have been in decades. U.S. Bonds are telling us that the economy is in serious trouble, in Depression era territory. The jobs report everyone crowed about, was so bolstered by seasonal adjustments that it bears no resemblance to reality. The constant drumbeat of the US/NATO for some form of war with Russia continues unabated. The baltic dry index has fallen 45% in a month. Banks have lobbied the G-20 to basically secure public bail-ins when their risky trades blow up. Student loan debt is well over a trillion dollars, wages are flat for the last 15 years, and Obama-care has created the 30 hour full time job

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