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Global Stocks

Summary:
Shitty fiscal and harmful monetary everywhere ex-US this year reflected in equity share prices and the strong USD as ROW lowers USD terms in a zombie fight for scraps off the US table...The $SPX took a little off the top this week (-0.94%, up 7.93% YTD), but global markets took a hair cut below the scalp; US markets fell 1 billion for the week, but were up .74 trillion YTD, as non-US markets fell 0 billion this week andwere down 1.87 trillion YTD. pic.twitter.com/T0QruBekCJ— Howard Silverblatt (@hsilverb) October 5, 2018

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Shitty fiscal and harmful monetary everywhere ex-US this year reflected in equity share prices and the strong USD as ROW lowers USD terms in a zombie fight for scraps off the US table...

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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