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Emerging Markets Crater 2.93%
The Chinese economy is in free fall, which doesn’t inspire confidence that investors should go long it and short the S&P 500.
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Tail Risks Reviews: China Is Number 1
Tail risks for August - the monthly Merrill Lynch fund manager survey is out.
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Q3 Earnings Growth Is Expected To Be 22.61%
Those claiming a 40% or great correction is coming are suffering from recency bias. The market is healthy despite the worries about this being the longest bull market in American history.
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Dollar Rallies To Its Highest Point Since June 2017
The dollar is set against the world stage.
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Turkish Crisis Used As An Excuse For Pullback
The Turkish crisis isn’t relevant to U.S. equities. This would have been an opinion with 100% approval 2 weeks ago, but now there is worry as the S&P 500 is down 1.3%.
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Turkey Signaling An Emerging Market Slowdown?
While global growth is still expected to be strong in 2018, the first step towards a recession is the end of synchronized growth and overall growth going from great to good.
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STOCKS I FOLLOW

AAPL Apple Inc.
AMZN Amazon.com Inc.
FB Facebook Inc
GLD SPDR Gold Trust ETF
GOOG Alphabet Inc. (Google)
GOOGL Google (A shares)
MSFT Microsoft Corporation
NFLX Netflix Inc.
OILB iPath B S&P GSCI Crude Oil TR ETN
SPX S&P 500 Index

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