Obama is willing to see America decline and his political party ruined.

Obama sees America through his culture. America is a great elephant ready to be poached, slaughtered, and eaten by his tribal followers. That is the African culture of hunting and gathering without regard to consequences. And when his tribe is full and American free enterprise is no more, the world's last engine of technological innovation will be extinct due to the Obama tyranny of the lunatic leftists and global poverty and famine will prevail. Americans have now rejected Obama and his Democrat tribe should do likewise before it is too late and America is just another stagnant and oppressive socialist state.

World Outlook
Brazil’s central bank may raise interest rates for the first time in 18 months as the rapid recovery of Latin America’s biggest economy has pushed inflation above its 4.5 percent target.
This Week of Market Reports:

Federal Open Market Committee Meeting and reports that China is selling US debt not buying put a damper on the market.

This Week of Market Reports:
The Federal Reserve said industrial production increased for the eighth consecutive month, edging up .1% in February, even though the figure's manufacturing component fell .2%. Separately, the Empire State Manufacturing Survey, an indicator of economic conditions in one of the most populous states, came in at a smaller-than-expected drop.

Yesterday
Housing Starts were down 5% last month allowing more foreclosed property to clear than might otherwise.
FOMC announced it would continue to hold interest rates low.

Market Reports:
Wednesday, March 17:
Product Price Index

Thursday, March 18:
Unemploy Claims
Consumer Price Index

Friday, March 19:
Quadruple-witching expirations.


Market Outlook March 17

At this time we are taking profits and reducing holdings as we get more into cash. We still see the averages possibly rising 0.3% to 3.5% more in the next few months. Some stocks have run up and it is time to rotate into more promising stocks. We expect FED tightening to be required before elections but not soon. The market cash flow is telling us the S&P advance since Obama took office may reach 46% in the next few months. We have recovered less than half the loss of this recession. With Obamacare and Obama immigration policy America is at risk of another Great Depression beginning in about a year. The lunatic left must be voted out of office. If they are voted out and Obamacare is aborted then the market could end this year with a healthy advance.

Asian markets were up sharply over night; Shanghai up 1.9%, Hong Kong up 1.7%, India up 1.6%, Jakarta up 3.2%, and Japan up 1.2%.

European markets are currently up in the range from 0.6% to 0.8 % this morning about half way through their day.

Today US pre-market futures are up in a range 0.3% to 0.8% at 7:30 AM EST.