The January Publication of the Daily Chronology of Global Markets and World Economics 2017-01 is available through Amazon. The epic market action continues with the Trump
Rally marching on from November through January.
January’s Cover Highlights;
DOW 20,000
SPX 2,300
SPX, INDU, COMPQ, NDX, NYA, and
TRAN ALL-TIME HIGHS
PRESIDENT TRUMP INAUGURATION
1/20/17
TRUMP SIGNS EXECUTIVE ORDERS
POUND IS POUNDED
GLOBAL POPULISM
The month of January is historic
with the Dow Jones Industrials printing above 20,000 for the first time in
history. The next day the SPX prints above 2,300 for the first time ever. The
chronology describes the epic event as it occurs in real-time highlighting the
companies and sectors that put the indexes over the top.
The bulls continue buying stocks
with reckless abandon believing in President Trump’s promises of
infrastructures spending, reduced regulations and lower taxes and of course the
ongoing belief and trust in the central bankers. The S&P 500, Dow Jones
Industrials, Nasdaq Composite, Nasdaq 100, NYSE Composite and Dow Jones
Transports all print all-time record highs in January although interestingly,
the Russell 2000 small caps are still unable to rise above their early December
highs.
President Trump is officially in
office and begins his four-year term. President Obama rides off into the sunset
dumping a host of problems in Trump’s lap. But such is the fate of all newly
elected presidents. President Trump begins signing executive orders like a
madman making good on campaign promises but one-half of the country is in a
tizzy over the actions.
The Italian banking problem
continues to fester and stink like garbage in the hot summer sun. Central
bankers are figuring a way to bailout the troubled Italian, Spanish and
Portuguese banks. Portugal markets are very sick but no one is paying
attention.
The UK’s pound is pounded to the
1.19-1.20 area but sterling recovers back above 1.24 in early February. The
global populism movement continues with elections on tap this spring in
Netherlands and France. LePen is gaining in the polls causing angst across
Europe.
The chronology explains
the reaction in stocks, bonds and currencies to key events and economic data
releases. If you are trying to make sense of the markets this is the
resource for you. No other publication exists in this format where
the stock, bond and currency moves are provided and explained as
world events take place in real-time. You can re-live the real-time price moves and excitement in markets for
any past event including Brexit, the US election, economic data releases, Fed
meetings, etc...
The chronology records economic history preventing revisionist tampering in future years. Analyst and strategist quotes and words are recorded in the chronology so credit or disdain can be handed out in the future. If a multi-year top is printing, the chronology serves as the most accurate accounting of the stock market topping process ever recorded in economic and market history. The chronology is the most reliable and easy to understand source for explaining global markets. The chronology is cheap and very easy to read and avoids using fancy ten-dollar college words.
As always, all monthly publications of the Daily Chronology of GlobalMarkets and World Economics are available from the links in the margins of the K E Stone blog sites or simply searching on Amazon or Google. The monthly publication contains updated information not posted on the keystone the Scribe web site as well as clarifications, edits and refinements to the ongoing daily blog text.
We are living through historic stock market and economic times. The daily chronology is the most accurate accounting on how the stock market tops and bottoms occur in real-time. The monthly publications are compatible with any electronic device and include an extensive Business Acronym List and Ticker Symbol List. The Acronym List is the most comprehensive business-related acronym list available on the internet. The chronology is not available in hard copy and only distributed around the world electronically.
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