Roger Arnold is the chief economist for ALM Advisors, a Pasadena, Calif.-based money management firm specializing in income-generating portfolios. Concurrent with his other business responsibilities, Arnold was a radio talk show host for 15 years. He focuses on behavioral economics and chaos theory, better known as the "butterfly effect." He explains the relationships between political, economic and social systems, and how they are all reflected in the financial markets -- stocks, bonds, commodities, currencies and real estate.

Media have become a platform for opinion, obscuring the administration's successes.
'BeLIEfs' on sovereign debt and insolvency defy mathematical logic.
Davids that follow Amazon's example may ultimately beat Goliath to the punch.
AMZN could easily do to Facebook and Alphabet what it has done to the retail and publishing industries.
Loan rates and yields should be headed lower.
While the Ethereum platform is surging, interest in Bitcoin is declining.
Trump's proposal may be great for the stock market but not for the consumer.
Trimming the Fed's balance sheet raises questions about what FOMC members know about the economy.
How to look at defence contractors in light of global geopolitical tensions and economic realities.
But not for the reasons you might expect.

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we like this chart here, it appears ready to move higher. BOUGHT BZUN OCT 35 CALL AT 3.40
Large-cap, high-quality McKesson (MCK) is too cheap now, at $147.51 or so. The stock hit $243.60 more than 2.5...

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