Daily Archives: October 2, 2017

Tragedy In Vegas

The carnage in Las Vegas last night is reportedly the deadliest mass shooting in US history. The current count: at least 50 dead and more than 400 wounded from the shooter. It’s a heartbreaking story, but one with some uplifting points of light during the struggle to survive — and to save others — amid a madman’s hail of bullets. No doubt we’ll learn of many acts of bravery and heroism as this story unfolds. Meantime, here’s one moving example via Reuters that stands out as a reminder that disaster has a habit of clarifying what’s genuinely important:

Mike McGarry, a 53-year-old financial adviser from Philadelphia, was at the concert when he heard hundreds of shots ring out.

“It was crazy – I laid on top of the kids. They’re 20. I‘m 53. I lived a good life,” McGarry said. The back of his shirt bore footmarks, after people ran over him in the panicked crowd.

Macro Briefing: 2 October 2017

Gunman kills at least 20, wounds 100 at Las Vegas concert: NY Times
Catalonia may be set to declare independence from Spain: Bloomberg
Euro falls against US dollar on Spain’s Catalonia worries: Reuters
US consumer spending growth slows to a crawl in August: Reuters
Consumer sentiment remained elevated in September: UoM
Chicago PMI rises sharply in September to three-month high: ISM-Chicago