Wednesday Nov 15, 2017
All my attempts to call a top in the market up to now have failed. With that in mind news has certainly turned negative.
GE cuts dividend in half, this stock helps the DOW to the downside
Venezuela in apparent default (okay not exactly news)
GOP Roy Moore disarray
Junk Telecom Bonds thrown overboard
Household debt hits new high
Even if the GOP passes some kind of tax bill I doubt anyone will be able to tell the difference
Interactive Broker Chair warns of crypto currency trading danger
Worst of all, Wilbur Ross suggests that a NAFTA cancellation would hurt Mexico and Canada worse than the US, really, that is some left handed reassurance, this is my biggest worrry, a re run of Smoot Hawley
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