end of August .. & 2/3rd of 2021

Happy Janmasthami  .. last night ..!

End of August .. today

ZOOM down 15%; QE guidance down for small consumer

HOOD falling as Paypal wants to enter in stock trading ... why not ..! 

while SEC tightening on PFOF

except Jan [this year] each of the months since last Nov is up ..!

Theranos trial - is Silicon valley culture about "fake it , till you make it .." works in software, but extending it on medical side was not a good idea ..!

US out of Afghanistan after 20 years .. what did we accomplish .. besides killing and getting killed .. 2400 American lives .. $1T & a new crisis ?

New Orleans - we don't even know when the power will be back ..

but SPX made a new high YD .. Thanks to Fed ..!

Chicago PMI 66.8 ... still lower than expected

Cons. conf. 113.8 & still a miss ..!

Fed chair speech at Jackson hole

inflation is temporary

no rate hike in near future

but reduction in securities purchase (aka taper) is on the table at year end.

Gold rises after Jackson hole.

attack on Kabul Airport ...

funny thing is that we had a quite 2021 becuse Biden's administration was sleeping until now, when he took first action ... to withdraw from Afghanistan without any notice.

US has no business meddling in internal politics of other countries ... 

haven't learned iota after burning $2T & losing lives over 20 years.

US now relying on Taliban for protecting US citizens; & US chiefs expect Taliban to follow their word ..!

this morning's dose

 IJC 353K - higher than last week

CJC - 2.86K - higher than last week

Q2 GDP 6.6%

market showing resilience to Jackson hole ...

 SPX touched 4500

now-a-days, its customary to ask ...

... are you a dog person or cat person ..?

& i thought that dog, cat & person are three different things ..!

Happy belated Independence day ...