Kunstler Warns "'Russiatosis'... Will Blow Up In America's Face"
Authored by James Howard Kunstler via Kunstler.com,
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Gold Outperforming Stocks YTD As Dollar Has 5th Monthly Decline
Gold Outperforming Stocks YTD As Dollar Has 5th Monthly Decline
Futures Flat As Payrolls Loom, Dollar Slide Continues
It took stocks only a few minute to "price in" the latest political shock out of Washington, and as of this morning Emini futures no longer care that Mueller has a grand jury, trading 0.08% in the green with European stocks and Asian shares all little changed as investors await the looming July jobs report, which is expected to show a slowdown in hiring from 222K to 180K but will have little impact on either the Fed's thinking or the market.
Tech Stumble Drags Global Markets Lower; All Eyes On The BOE
E-mini futures are fractionally lower this morning (0.08%) after Apple's surge helped the DJIA climb above 22,000 for the first time on Wednesday; Global shares declined for the first time in 4 days pressured by tech stocks: Asian shares fell, while Europe pared opening losses to trade unchanged.
Dow To Rise Above 22,000 On Apple Earnings; Europe Pressured By Surging Euro
Nasdaq 100 futures jumped 0.8% after Apple surged to record highs following a strong beat and optimistic projections ahead of the launch of the company's new batch of iPhones. Eminis are little changed, up 0.1% to 2,475, trailing Asian markets, while European stocks and crude oil fall.