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[Reuters] Catalonia’s leaders fight off direct rule from Madrid [Reuters] Stock market’s future in Trump’s hands as Federal Reserve chair pick looms [Reuters] Abe to push reform of Japan’s pacifist constitution after ruling bloc election win [Reuters] Ramping up rhetoric, Turkey’s Erdogan chastises U.S. over democracy [Reuters] U.S. warns public about attacks on energy, industrial firms [WSJ] Spain Moves to Seize […]

[Reuters] Trump expected to pressure China’s Xi to rein in North Korea: officials [Reuters] Spain will sack Catalan government, call regional election [Bloomberg] Taylor Has Complex History to Overcome If Picked as Fed Chair [Bloomberg] Yellen Defends Legacy Amid Uncertainty Over Fed Leadership [Reuters] Turkish banks could face big U.S. fines over Iran: report
The week left me with an uneasy feeling. There were a number of articles noting the 30-year anniversary of the 1987 stock market crash. I spent “Black Monday” staring at a Telerate monitor as a treasury analyst at Toyota’s US headquarters in Southern California. If I wasn’t completely in love with the markets and macro […]

[Bloomberg] Dollar, Stocks Get Lift From Tax Move; Bonds Fall: Markets Wrap [Bloomberg] Trump’s Tax Plan Takes a Big Step Forward, But What Comes Next Won’t Be Easy [Reuters] Senate passes budget blueprint key to Trump tax effort [CNBC] Trump’s apparent favorite to run the Fed is a safe bet unlikely to rock markets [Bloomberg] Madrid Doubles Down as Catalans […]
The debt is at all time highs yet central bankers will never stop printing. Despite global debt reaching the highest levels in history, the central banks still continue to print and try to control our “destiny,” at the cost of your savings, buying power, and quality of life. Pre-crash stock indicators are screaming right now, […]

[Bloomberg] Stocks Drop as Investor Jitters Return; Euro Gains: Markets Wrap [Bloomberg] Hong Kong Stocks Tumble the Most This Year [Bloomberg] Fewest Jobless Claims Since 1973 Show Firm U.S. Job Market [Bloomberg] Spain Unleashes Historic Power to End Catalan Independence Push [Bloomberg] Congress Heads Toward Shutdown Fight Over Immigration and Obamacare [Reuters] China’s central bank warns of ‘Minsky moment’ as economy […]
Tactical Short Strategy Conference Call – October 18, 2017 CLICK HERE FOR THE TRANSCRIPT Disclaimer: Advisory services are offered by McAlvany Wealth Management, an investment adviser registered with the U.S. Securities and Exchange Commission. The comments made in this audio recording discuss economic and market trends and are not intended as advice for any particular investor. […]

About this week’s show: Volatility (worry) Index sets new record for complacency. VIX this month is most complacent in history! Are stocks too high? The same question was asked 30 years ago before the October 19th, 1987 crash Pre-Crash indicator: Shiller P/E at second highest level EVER! The McAlvany Weekly Commentary with David McAlvany and […]