The December Publication of
the Daily Chronology of Global Markets and World Economics 2017-12 is available
through Amazon. The historic market action continues with more all-time and multi-year record stock
market highs printing in the major indexes and individual stocks around the
world. The S&P 500 crosses above 2,700 for the first time in history. The
Dow Jones Industrials cross above 25,000 for the first time in history creating
euphoric market joy. The world is awash in central banker liquidity so all
asset classes continue floating ever higher, perhaps forever.
December Cover Highlights;
EOY 2017 STATISTICS
US STOCK
INDEXES PRINT ALL-TIME HIGHS
GLOBAL STOCK
INDEXES AT RECORD AND MULTI-YEAR HIGHS
DOW 25,000
S&P 500 2,700
BRKA 300,000
TAX BILL
BLOCKCHAIN
BITCOIN, RIPPLE,
ETHEREUM, LITECOIN
MIFID
IRAN IN CHAOS
NORTH KOREA
TURMOIL
“FIRE AND FURY”
BOOK
UTIL (UTILITIES)
IN -10% CORRECTION
2018 BEGINS
The December chronology highlights the non-stop all-time record breaking stock market highs in all seven major
US indexes (SPX, INDU or DJI, COMPQ, NDX, RUT, NYA, TRAN or DJT). The Dow overtakes 25,000 and the S&P 500 is above 2,700.
The EOY (End-of-Year) statistics are provided. Warren Buffett stands
up and performs a jig of joy as his Berkshire Hathaway stock crosses above
300,000 for the first time ever. Warren never believed in stock splits.
The cryptocurrency and blockchain drama is at fevers pitch in
December with crazy price moves occurring and platform outages. Companies are
attaching their name to bitcoin or blockchain and exploding higher in price reminiscent
of companies calling themselves a dot-com company during the 1999-2000 bubble.
The new MIFID rules come into effect across the pond creating lighter
trading volume. Uprisings in Iran have the mullahs concerned. North Korea
continue to rattle its saber but has agreed to talks with South Korea in
January.
As the new year begins, President Trump is under fire from a
gossip-style book “Fire and Fury” that says many disparaging things about the president
and his family. The utility sector crashes into a correction down -10% at the
same time the broad stock indexes print new joyous record highs.
President
Trump continues boasting about the new record highs in stocks taking full
credit and responsibility for the joy. Oil is on the
move higher with both West Texas and Brent printing at 2-1/2 year highs.
The chronology explains the price moves in global stock,
bond and currency markets after key geopolitical events, central bank monetary
policy meetings and economic data releases such as the monthly jobs report. If
you are trying to make sense of the markets this is the resource for you. No
other publication exists where the stock, bond and currency moves are detailed
and explained as world events and economic news take place in real-time.
You can relive the real-time price moves
and excitement in markets for any past events including the May 2015 stock
market top (2015-02 through 2015-10), Brexit (2016-06 and 2016-07), the US
election (2016-10 and 2016-11), the drama behind the French election (2017-04
and 2017-05), economic data releases, monthly jobs reports, Fed meetings and
much more. The wild overnight crash in the S&P futures, and quick recovery,
after President Trump’s election last November is chronicled in real-time, as
it happened minute-by-minute, in the 2016-11 publication.
The 2017-11 publication chronicles the 400-point intraday drop in
the Dow on Friday, 12/1/17, when it was thought that former Trump adviser
Michael Flynn had implicated the president in nefarious deeds. This news story
turned out to be not true although Jared Kushner and Donny Trump, Jr, may be in
trouble.
The 2017-12 issue highlights all the wild action in the
cybercurrency arena with bitcoin, ripple, etherum, litecoin and others. You can
relive the excitement of the SPX 2,700 and Dow 25,000 levels in the 2017-12
publication as well as reference all the key statistics for the year for the
world’s stock indexes, bonds, commodities, currencies and important individual stocks.
As always, all monthly publications of the Daily Chronology of Global Markets and World Economics are available from the links in the margins of the K E Stone blog sites or simply searching on Amazon or Google. The monthly publications contain updated information not posted on the Keystone the Scribe web site as well as clarifications, corrections, edits and refinements to the ongoing daily blog text.
The January 2018-01 chronology is tentatively set for publishing
by Amazon on Saturday, 2/3/18.
The highly popular ‘Keystone
the Scribe’ daily market chronology blog, ‘The Keystone Speculator’ stock, bond
and currency (Forex) technical analysis and charts blog and the ‘Keybot the Quant’ algorithm blog are
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