Professor Elam

Tuesday Sept 3 2019

This weekend on the market perspective blog, I noted the DJIA had resistance at  26,400. Position squaring at end of week and month meant we would have to wait till this week for the market to reveal its thinking.

Sure enough the DJIA opens 200 points to the down side.

No wonder

Trade Conflict's Global Impact Grows – US levies another 15% tariff – no one can plan, so orders for goods slow

Trump denies he is the problem, I do not expect him to ever shoulder any blame for anything

Johnson calls for Elections if Brexit faills

Hong Kong Protests Drag on
Germany Inches Toward Stimulus

Texas Shooter Known as El Loco

Two writers note the lack of interest in democracy in Indo Pacific, all China cares about is Absolute Power

More 737 Delay

Doubts have long existed about the veracity of Chinese accounting, on B1 a Chinese bank skips a year of interest payments on its Tier 1 bonds – sign of trouble ahead?

Truck Sales Slow Big time in USA