Title : Venezuala Imploding -- July 31, 2017
link : Venezuala Imploding -- July 31, 2017
Venezuala Imploding -- July 31, 2017
There are going to be a lot of articles in the mainstream media with regard to what might happen if the flow of Venezuelan oil is cut off. I've talked about this so much over the past several years in an indirect way, I have no interest in opining on what might happen with regard to Venezuela and oil. For now, I won't blog on that; I've simply grown too tired / bored with the subject. Perhaps for the archives, I might link headlines but that's about it. It will be a fascinating story to watch. I will blog about it eventually, I assume, but not for awhile.*******************
Futures Mean Squat
Having said that, holy mackerel ... have you see equity futures this evening! The Dow 30 has been climbing all night; right now, Dow 30 futures are up 82 points; the Nasdaq up 21 points; and the S&P 500 is up 6 points (again, futures at 9:21 p.m. Eastern Time).
I can hardly wait for the early morning presidential tweets. LOL.
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North Korea Keeps Launching ICMB Missiles .. and No One Seems To Care...
... and no one is commenting on that, that no one seems to care. Not only does no one seem to care, but the stock market continues to surge despite the fact that North Korea is launching ICBM missiles on a daily basis, it seems. The most recent ones are able to reach the US, and the US military now suggests that within a year, North Korea will be able to launch these missiles with a nuclear weapon on them.
This begs the question: would the market be hitting new records under these circumstances if a Jimmy Carter were president? if a Barack Obama were president? If a Gerald Ford were president?
I don't know. But for all the crap the mainstream media gives President Trump each day and for all the crap the opposition party gives President Trump each day, one gets the feeling that not only is everyone sleeping well at night because he IS president, but they are so comfortable with him as president at this particular time, they have no problem driving the market higher.
It doesn't hurt that he is surrounding himself with retired general officers who have served in South Korea and who have studied North Korea for decades.
Thus Article Venezuala Imploding -- July 31, 2017
That's an article Venezuala Imploding -- July 31, 2017 This time, hopefully can give benefits to all of you. well, see you in posting other articles.
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