Our FEATURE discussion today focuses on the extreme market volatility globally, its' causes and what could it mean going forward in 2016. As events in China raised havoc with stock markets around the world in 2015 ( which we discussed last week) the same dynamics negatively impacted all markets the critically important to the first week of the new year. A key disconnect occurred when the US Dept of Labor reported a robust creation of 292,000 new jobs while at the same time there was no wage growth. In addition preliminary estimates for 4th Quarter GDP were negative! We try to rationalize conflicting data. Other topics include: "Why Silicon Valley may be at Defcom #1", Chipolte's stomach ache, Hillary's showdown with the FBI, CIA and NSA and George Soros' regrets.
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