BoomerVille & Scary September for Equities

 It's about 8 PM New York Time. CNBC reports that stock futures are up 41 points. So far, that looks like what is traditionally the worst month for equities - September - will open okay. No crash like the one in the fall of 1987.

But the situation with equities can change abruptly, given the increasing uncertainty. At the top of the list is that the US Court of Appeals for the Federal Circuit ruled many of the Trump tariffs illegal. The Federal Reserve could lose its independence. What will happen to interest rates. And are the job numbers for August to be believed.

A total freakout could be in the cards. 

Meanwhile, what kind of sleep will BoomerVille have tonight?

UPDATE: 

It's 8:30 AM New York time. Dow futures have plunged 300 points.





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