Is it Safe to Fly In & Out of JFK?
The question of whether it is safe to travel in and out of JFK is a serious question. The only possible way to get government to be competent is to simply boycott JFK. Homeland Security pretends to protect American’s against terrorism, but they are incompetent to comprehend that instead of a bomb, just send as many people with Ebola as possible and you will do a far better job. A passenger died on a flight from Nigeria to JFK vomiting. They have exposed the entire crew and passengers to that threat, then the entire airport. Government workers are NOT the brightest bulb in the shop. Let’s get real here. If they were competent they would work in the private sector.
If people refused to fly out or into JFK until the ban all flights, then and only then will the airlines demand that Homeland Security actually do something here. That appears to be the only way to get these morons to verify what is going on.
The Dow for the Close 10-17-2014
So far so good. The low may hold and a closing above 16331 today will help to relieve the selling pressure. A closing above 16660 will signal that we may see a further upside into the week of 11/03.
Keep in mind this is a bubble in government bonds – not equities. Shaking the tree in equities sends cash running into government debt. That is where it has to be to really create the most damage on the downside. The problem is in government – not the private sector.
While the economy is still growing, it is slow. Unemployment remains at about twice the level before the 1929 Crash began and just looking around you see a lot of available office space. Liquidity is down and this all warns that the upside in the economy is not as great as it should be so when it turns down, it will do so much harder.