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World Stock Markets Trading Discussion - Ornamental ossification


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All Ords stayed firmly in the red, finishing -0.5%.  Gold +0.1% was the only up sector with Utilities -1.2%, Consumer Discretionary/Healthcare -0.8%.

Over in Asia, China +0.1%, Hong Kong +0.6%, Japan -0.3%, India currently -0.9%.

 

 

On to UK/Europe:

 

 

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big.chart?nosettings=1&symb=FR%3APX1&uf=

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"iGen is showing mental health issues across a wide variety of indicators. They're more likely than young people just five or 10 years ago to say that they're anxious, that they have symptoms of depression, that they have thought about suicide or have even [attempted] suicide. So across the board, there's a really consistent trend with mental health issues increasing among teens."

 

http://www.npr.org/sections/health-shots/2017/08/07/542016165/how-smartphones-are-making-kids-unhappy

 

the pulsed microwaves are undermining a generation of children. depression is a leading

symptom of microwave exposure. these kids are killing themselves.

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Of interest to Lee perhaps. The NY Times lays out the official narrative of the debt ceiling. Of note is the probability that the ceiling will not be raised soon as the Treasury starts to "prioritize" payments.   Good for the markets, bye bye constitution.

 

 

 

https://www.nytimes.com/2017/08/07/opinion/debt-ceiling-congress-default-real.html?ref=opinion&_r=1

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Of interest to Lee perhaps. The NY Times lays out the official narrative of the debt ceiling. Of note is the probability that the ceiling will not be raised soon as the Treasury starts to "prioritize" payments.   Good for the markets, bye bye constitution.

 

 

 

https://www.nytimes.com/2017/08/07/opinion/debt-ceiling-congress-default-real.html?ref=opinion&_r=1

 

A political piece written by an academic.  I'm not sure it's useful. My guess is that there will be brinksmanship but they'll raise it.  There also may be more of a cushion than the Cassandras expect. They are sitting on an immense pile of cash, and tax collections have been running very strong.  http://wallstreetexaminer.com/2017/08/key-tax-collection-data-surged-july/

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