Monday, August 15, 2016

Mid-August Monday; Who Cares? More All-Time Highs

Your editor has been feverishly putting together a couple of boffo posts for later this week... maybe next week, so today is just a place-holder for markets which continue to set new all-time highs.

Yippie! Life can't get any better than this, can it?

Here's to hoping that previous statement isn't true, because there's a sneaking suspicion that, with $13.4 trillion worth of negative-yielding bonds now infecting the global investment landscape, somethng really, really bad is going to pop and there won't be any upside, for anybody.

So, keep wishing.

Monday Muddle:
Dow Jones Industrial Average
18,636.05, +59.58 (0.32%)

5,262.02, +29.12 (0.56%)

S&P 500
2,190.15, +6.10 (0.28%)

NYSE Composite
10,858.50, +36.08 (0.33)

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