While the overall market reaction to the Trump victory has been swift and powerful, with the both the Dow Jones and S&P hitting almost daily record highs, as stocks - especially banks, financials, "value" and those without duration exposure - have soared, the benefits from these surges have not been captured by all market participants.
Submitted by Lance Roberts via RealInvestmentAdvice.com,
Review & Dow 20,000
This past week, the market advanced 3% heading towards my target of 2400. The Dow broke above 19700 and is within striking distance of the “psychological” summit of 20,000.
With just 250 points to go, it is extremely likely traders will try and push stocks to that level by Christmas. Woo Hoo!
By EconMatters
Economic theory suggests that ultimately somebody still needs to go out of business in the oil industry, and after 2 plus years of massive declines in prices we seem to be right back where we started with this oversupply crisis in the oil market.
The Bank of International Settlements is particularly good at two things in its periodic quarterly review update: i) stating the obvious, especially when it comes to summarizing the trader and market participants concerns at any given moment, and ii) having its constituent central bank members - after all the BIS is the "central banks' central bank" - ignore all of its warnings.
Indian Government Is Self-inflicting India With A Humanitarian Crisis
In exchange for bags of money government officials in India are producing a massive humanitarian and food crisis inside India for the profits of global agri-business.
http://www.globalresearch.ca/entrenching-capitalist-agriculture-in-india-under-the-guise-of-development/5561446
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