S&P500 futures are changing hands at fresh record highs on the last trading day of 2017. Could the market close out the year any other way than at a new record high? It will be a fitting end for a year that saw more record highs than any other year since the great round rock boom that accompanied the invention of the wheel in 3,500 B.C.
End of the world? Yes. That headline should be good for a few extra clicks at least for those of you who didn't run immediately to grab your survival kits and speed to that underground fall out shelter. Someone will have to get them in 20 years and tell them it was all a false alarm. We've had two 'one in every 500 year' hurricanes in less than a month. Last night a massive 8.3 earthquake in Mexico. Wildfires are raging around the globe. 50 inches of rain in some parts of the world, in other parts a massive drought.