Conflict Of Implosion

Unfortunately, the de facto Idiocracy doesn't trust anyone who can be trusted...

"The Trump administration is moving to further delay part of an Obama-era rule to require brokers who offer retirement advice to put their customers’ interests ahead of their own."

"Despite earnings growth, an improving global economy, and continued low interest rates in the developed world, “some people seem to think it a bad thing that the stock market hasn’t capitulated and sold off by now this year”"

Caution warranted, but don’t do anything ‘too drastic’: Raymond James

"Don't go to cash because our P&L will be affected"

The S&P 500 has risen 10 percent, gold futures are up 16 percent and Treasury bonds have gained 6 percent...if 2017 were to end today, it would go down as the first year in which all three have risen by more than 5 percent since 1993

To be sure, there is something a bit odd about the concurrent rallies. Stocks and Treasury bonds are considered to be classic investment alternatives, with demand for the former reflecting economic optimism, and demand for the latter reflecting an urge to shelter one's money

I don't comment on gold because it's like a religion and I don't want to offend anyone. Much.

Bueller?

Yesterday, Fed member Neel Kashkari admitted that higher interest rates may be hurting the economy. Today this...

"We've seen this before, but I don't remember when"
"I can't remember what I had for lunch yesterday"

I've noticed that Wednesday is very often a counter-trend momentum reversal day. Something about VIX weekly expiration...

Skynet wants to close that gap above and then the gap below. Otherwise, it's time for Prechter to show up for work...