Afternoon Thought
The UAE flight I always take was escorted into JFK by two US fighter jets, but landed and disembarked in the normal commercial aviation area.
There is a contradiction in that procedure.
Jim Sinclair’s Commentary
Who can identify the CIGA Feline with a bear’s nose?
We all know Mica and Mrs.
Thought For The Morning
1.4% of the GDP growth of 2% was inventories.
That is scary.
Jim Sinclair’s Commentary
John’s work is a great deal more than just these one liners.
His report on QE is excellent. It should be read.
- Third-Quarter GDP Growth Statistically Indistinguishable from Zero
- Official Economic Activity Is Virtually Flat Other Than for Inventory Building
- Fed Will Be Forced to Monetize Treasury Debt, Irrespective of Current Jawboning, Games Playing and Hand Wringing
- October Employment Data Likely Will Disappoint Market Expectations