The New CS Board

[ahimsak]

CFNAI came in -.29 for Jan, after -.23 in Dec. Says economy running slowly, but not badly. Need 3 months under -.7 to say we are in recession. Is a concurrent indicator, not like WLEI, which by the way is going up since end of January, saying economy not going to be as bad as it indicated from August to end of January.

I worked on the Pat Brown campaign against Nixon (was too young to actually help, just went along with my mom) for the gov of Ca in 1962.

Am convinced programs that help the poor and middle class are good for 99% of the population, and the cost to the super rich will not affect their lavish lifestyle, just there financial net worth. When you die, do you think people will care more about how you treated people, or your final net worth?

The tax cut of 2017 will destroy the economy soon, not sure when just yet.

Market looks like it will for sure run back to recent highs, maybe even pop a bit higher. Who knows, maybe up to 2930 by the end of next week?

Almost sold all my qid yesterday at the lows, of course held on and am in deep red so far on the trade.