The Traderszone Network

Purchasing Managers Index (PMI)
 This is a wee bit of a downbeat report. Sure, manufacturing, services, and composite are all in expansion for the month, but some poor details highlighted by Markit (see their key points and commentary below)

A little more than a month after Kathy Griffin was fired by CNN for posing for a photo holding President Trump’s bloody severed head, Dan Abrams’ Law Newz blog is reporting that the so-called “comedian” was grilled by the US Secret Service over the controversial photoshoot.

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Goldman Sachs strategists Christian Mueller-Glissmann and Alessio Rizzi
– It’ll take more than central bank tightening to increase market volatility
– A large shock such as recession or war is usually required

Authored by Michael  Lebowitz via 720Global.com,

The Federal Reserve Act, as mandated by Congress, established a dual mandate to guide the Federal Reserve (Fed) in setting monetary policy. Price stability, one of the mandates, benefits economic growth as it allows investors, corporations, and consumers the ability to better predict future prices and therefore allocate investments and spending in a more optimal manner.

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China’s bond connect link with Hong Kong makes it easier for offshore investors to access the mainland’s $10 trillion debt market
It might also prompt a policy shift from the People’s Bank of China

The fate of a spending plan and tax hike aimed at ending Illinois’ budget impasse moved to the House of Representatives.

This from the People’s Bank of China on Tuesday (via Reuters)
– China’s central bank said on Tuesday the shadow banking sector lacks sufficient regulation
– The Bank would give more prominence to financial risk control