Market Weekly: Apr 16 Apr 20 2018

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    Global bonds have gained $180bn in value last week as sentiment remained cautious and global activity data continued to disappoint. Eurozone and China government bond yields modestly declined in the wake of soft inflation and trade data.

    While US inflation expectations have jumped to almost 2%, Eurozone inflation expectations remain at depressed levels.



    ^^^ +3s — Thanking our Editor & Chief for excellent insight into the week ahead 8)


    [color=limegreen][b]+180 … UP UP & AWAY … Off to good start for week 8)
    in spite of a few balloons popping along the way 😉 :woohoo: [/b][/color]


    [quote=”Assistanc3″ post=5959]

    Seems workers need a union to fight robots or do robots need a union for higher wages?


    For oil watch OPEX and Futures EX more important than war right now with 65 the big line


    ^^^ +1 … YES – “BIG OIL never sleeps” … GAS PRICES went up over 16 cents in our area from last week — as “summer blends” are coming online & refineries have more demand than supply. We are about at $2.50 mark in Roanoke area … someone noted on WALL ST Journal report that GAS is highest in 3 years or 1,000 days :woohoo:


    [size=5][color=limegreen][b]Dow Jones Industrial Average 24,574.59 +214.45 (0.88%)
    S&P 500 Index 2,680.56 +24.26 (0.91%)
    Nasdaq Composite 7,156.28 +49.63 (0.70%)
    Russell 2000 Index 1,564.25[/b][/color][/size]


    Glad to see everyone made it through the weekend
    the sell on Friday fear, rebuy on Monday cheer is in full effect

    FYI, well below average volume traded today


    China Q1 GDP: 6.8% YoY (expected 6.8%)
    March Retail sales 10.1% YoY (exp. 9.7%)
    Industrial production 6.0% YoY (exp. 6.3%)

    Japan Industrial Production month-on-month Final at 0.0%
    Japan Industrial Production year-on-year Final at 1.6%
    Japan February final industrial production m/m 0.0 vs +4.1% prelim
    Japan Capacity Utilization MoM (Feb) 1.3% vs -7.3% prior


    RALLY TIME & +270 on DOW


    [color=red][b]OOOHHHHH THE HUMANITY 👿
    IRS tax site gets overrun & fails on TAX DAY … hopefully something of a temporary nature :woohoo:


    March Housing Starts: 1.319M vs. 1.264M expected, 1.295M prior (revised from 1.236M).
    Building permits 1.354M vs. 1.315M expected and 1.321M prior (revised).

    March Industrial Production: +0.5% to 107.2 vs. +0.4% consensus, +1.0% prior (revised).
    Capacity utilization: 78.0% vs. 78.0% consensus, 78.1% prior.

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