Happy Tuesday! Yesterday had stocks "up in lower volume" while metals eased off a tad (gold/silver now at $1,175.35/$15.94). Futures traders however now see stock indexes mixed with metals tanking -1.5%.
Housing Starts and Building Permits will be coming out in a half hour (fwiw). More threads:
--etc.:
Irrational Fears Of Rate Hikes That You Can Bank On - Ken Fisher, Forbes
Don't Let Oct Crash Talk Influence Investing - Michael Gayed, MarketWatch
Bond-Market Cracks Signal End to Good Run - Anthony Mirhaydari, TFT
Investors Shouldn't Give Up On Canada - Martin Pelletier, National Post
New Left Econ. Gurus Wrong As the Old Ones - Matthew Lynn, Telegraph
How Not To Fix Fannie Mae and Freddie Mac - Antonio Weiss, Bloomberg
All according to the plan.
Of course, I have to see where We the People, through an Amendment, have authorized Congress to create departments, bureaus, etc., let alone pass regulations with the force of Law by people whom We have never voted for nor confirmed.
I’m sure SCOTUS will get right around to that shortly
ELAINE: All right, let’s go, I give you half an hour.
JERRY: What?
ELAINE: Come on!
JERRY: Are you serious?
ELAINE: Look, Jerry, we have to have sex to save the friendship.
JERRY: Sex... to save the friendship. Well, if we have to...
Good article, but I don’t see any regulator ever giving up their power. They love the pay, benefits and easy work. I mean how hard is it to destroy what others have created?
Nothing will change for at least 15 months until we hopefully get Trump in the Whitehouse.