A great Friday morning to all w/ stocks at new highs even if it did come in weaker trading. Right now stock index futures are convinced of more on the upside because today --[tadadut tadadah] is GDP DAY:
8:30 AM GDP - Second Estimate
8:30 AM GDP Deflator - Second Estimate
8:30 AM Personal Income
8:30 AM Personal Spending
8:30 AM Core PCE Prices
10:00 AM Michigan Sentiment - Final
Yeah, I know, but anyway gold and silver futures look glum at -0.31% and -0.96%, but what the hey we're up at $1,236.18 and $15.16! --and for those wanting more...
Is "Helicopter Money" The Fed's Next Step? - David Malpass, New York Sun
Helicopter Drops? Let's Please Not Go There - Jeremy Warner, Telegraph
The 1 Chart That Turns People Into Gold Believers - Nathan Lewis, Forbes
A Broken Market Sans Memory Will Make 2016 Difficult - Doug Kass, RM
Historical Pattern Says Risk of 2016 Bear Is Zero - Simon Maierhofer, MWy
The Robots Are Coming for Wall Street - Nathaniel Popper, New York Times
No ping today? This reminds me of back in the seventies when Japan was surely headed towards world domination and we would all undoubtedly be servile to them for eternity.