US, CHINA RATIFIED PARIS CLIMATE AGREEMENT

Happy Labor Day #122. Labor incomes, benefits have come a long way, babies.

US Congress returns tomorrow. What's first? Zika funding?

G20 meet done. No Russia-US Syria deal, but talks to continue. (Actually, looks like nothing really accomplished.)

French president wants "regulated" globalization to protect workers, environment.

Climate change skepticism "over": Ban Ki-moon.

Russia, Sauds agreement on oil production today's rumor spiking oil prices.

Goldman Sachs: Fed will raise rates this month.

Australia commitment to Britain free trade deal.

ISIS ousted from Turkey border: Turkey.

LIBOR rate (USD 3-month) near mid-'09 levels. Sharp climb from '14-'15 base.

30-year US swap spreads (exchange of floating payments for fixed payments) extremely low (lower than '08-'09). Pushes long-term bond yields lower ($10T of bonds in negative yield), debasing currencies.

US investment-grade bonds have more debt since '02.

(All these portend massive upside potential for market.)

N Korea fired off 3 missiles toward Japan yesterday.

US oil production down 60Kb/d last week. June came in at 8.7Mb/d.

Enbridge scrapped plans for N Dakota to Wisconsin oil pipe.

New oil strike in Argentina.

Flood damage $8.7B: Louisiana governor.