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Index Road Kill, S&P 500 Has a Pulse, Sector Slaughter, Betting on CEOs

Stephen Guilfoyle in his Market Recon column checks out Thursday's index road kill, says the S&P 500 still has a pulse, examines the slaughter across all SPDR sectors, places his bets on CEOs of his fave companies, explores yield curve movements and notes the dismal charts of Shopify and Peloton..XLY ....

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Is This Erdogan's Exit Strategy? - LewRockwell LewRockwell.com

Since the first assault on Turkey’s finances in 2018, which I wrote about multiple times (here, here, and here), I’ve been the lone voice telling everyone that President Recep Tayyip Erdogan is a lunatic but he’s a lunatic with a plan. That plan is to de-dollarize the economy of a valuable member of NATO geostrategically.  Since the first shots across the bow by the Trump administration at Erdogan’s toying with those powers east of the Bosporus (Russia, China and Iran) the Turkish lira has been the primary mode of attack against Erdogan. Erdogan has pursued what has been deemed unorthodox monetary policy … Continue reading → ....

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