Federal Friday Report

I thought I would start off this Friday report with some sunshine news on global markets and business. A lot has happened this week so I am going to give everyone the highlights and the lowest that makes everyone cringe in horror. Ok I got to get out my trusty microscope and expert analyst pen to show you this weeks factoids in both investments and business. 1. Federal week is this week as we see the Fed Central Bank do a complete one eighty and not raise interest rates for this fiscal quarter. This made investors this week globally breathe a sighs of relief combination with them cheering the Fed policy decision. On the other hand Congress got involved this Wednesday with hauling Fed Chair Janet Yellen before the Banking Committee and YELLEN at her about a variety of regulatory and policy decisions. The Fed Chair Ms. Yellen got roasted on a open barbecue over her failure to dump Well Fargo CEO combined Fed Advisor Board member from the Fed Bank. So this started a middle week thoughts by Congress that she does this one more time were going to drag out our Subpoena and fry us  up some Yellen stakes in front of the Senate Judiciary Committee. Treasury Secretary when asked Thursday about what he might do with the problems with the Fed Central Bank he offered "At this time I am not prepared to make any statement or comment on the Central Bank" So the senior peanut in the Washington peanut gallery refused to do a peanut dance about the monetary system. Go Figure it's common place this thing happens in Washington DC. So how do the markets global reaction to warm interest rate news? Actually cheerful but also mixed with other economic data left investors trying to decide which way the broad markets are heading in considering that it's been a steady climbing rally in the green zone for the third straight day. This American market rally uphill has been a timid one but still investors cheered this starting into business day open on all the markets. Canadian markets reached a plateau on Tuesday ahead of the Fed Bank rate decision with a continuous loss on market valuation. You see it in the underpinnings on charts showing a high volume of skepticism combined with persistent PIP data inputs that shows market volatility. Global you see this in the Asian and European markets with the same base line shows on PIP charts data heavy volume combined with increasing markets volatility. Reading advanced charts data shows global industry indexes to be sluggish in economic recovery,additional data plots and charts show market indexes to continue average across the board 40 points slipping downhill for this week. New analysis I have completed here shows American markets are going to continue to increase by a small market margin as we will see it continue to be available average above the belt at 15 points on all indexes. Market movement will be uphill with Bulls stocks,bonds average two to one advantage over Bears declining stock,bonds in major markets. New unemployment data shows jobless claims dropped for the second straight quarter this year with average 300,000 claims filled according to the Treasury Department. New Home sales slipped 0.4 on news that credit lenders are now being forced into complex regulatory compliance with other targeted provision parts of the Fair Credit Act set to hit banks and credit lenders next month. So overall business did fare better this week with Apple posted a greater than expected gains with third quarter earnings,Airbus announced it will deliver 7,000 new engines to be coupled with their new commercial jetliner already in production phase set to roll out of assembly line to customers early 2017 expected. The company report shows increased earnings for this quarter ahead of new airliner product slated for 2017. So I think markets global for next week American up by a small market margin,Asian down,Europe down by a larger points margin as the EU and Britain grapple with what to do with the Brexit dilemma. This is what the charts,plots and critical analysis look here to me that I have completed for this week.

Have Blessed Day,

John Norton
HM King Scotland
The Hon. UN Secretary General (elected)