Investment Markets Overview — W/E 24th February 2017

“Fake news”…. Is defined as the deliberate spread of misinformation, whether it is via traditional media, online or print form, or by social media. Although this phenomenon has been around for years, its profile has been raised during recent months, in particular during the US Presidential election campaign and certainly since “the Donald” was anointed. In one of life’s little ironies, the “master of the tweet,” has struck back at the suspected fake news perpetrators’ this week by banning the New York Times, CNN and the BBC from attending a news briefing by his spokesman, Sean Spicer, followed up with a “tweet” that he would not be attending the annual “White House Correspondents’ Association Dinner,” an event traditionally attended by Presidents, albeit that he did wish all attendees well. Whilst this “spat” will likely resolve itself, it’s perhaps of more concern that some 40% of Americans now access their news from social media and, as with other parts of the global village, appear only to seek news that suits their preconceptions rather than seeking a more rounded viewpoint including opposing views. Perhaps of more interest to this column is the timing of this increased “fake news,” recognition, which was last seen at this degree in the early 1930s. It’s of no surprise to Socionomists’ and you may wish to glance at other societal events, which follow social mood swings, via our new site, “SimplySocionomics.”

The Dow closed higher for its 11 consecutive day on Friday, the longest stretch in 30-years whilst consumer confidence appears to be topping-out. For more on this and the other main economic and market events of the week, read on:

Subscribe to the Full Investment Markets Overview Newsletter which contains the following:-

Additional Commentaries:
•US economic data . . .
•Euro-Zone . . .
•The UK . . .
•Out East . . .
•The $US index . . .
•Within the commodities complex . . .
•Economic data due next week includes . . .

 Returning to the subject of “fake news,” a well known online source of wisdom includes a helpful guide on how to spot it, which includes a suggestion ……

Charts:
1.  Indices Weekly
2. Dow Jones Industrial Average V  Univ of Mich Sentiment Index
3. UK Govt Expenditure V UK Business & Private Expenditure
4. China 1st, 2nd and 3rd Tier Home Prices
5. Commodities Weekly

Table:

13 Indices, 11 columns of detailed information, for accurate analysis

                   “Skills are Common, whilst Talent is Rare” 

Click Here to view Details of the full version of this Newsletter which includes full text and detailed

 

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