The Market On Tuesday

Good morning. I set off this morning in hat, gloves, woolen jacket, sweater, and good walking intentions. Long story short, I was way over-dressed. It is balmy here today. I expect to see some flowers blooming by noontime.

Which war is now looming. Yes there is a new old flash point. It is good old North and South Korea. Gunfire was exchanged and world markets are slightly to moderately rattled.

As a result futures are down, the dollar is up, and oil is down.

One "bright" note is that the US economy grew at a better rate in the last quarter than was previously announced. Investors will like that, but they still might stiff us.

CNN: Stocks to open lower on Korea jitters

...world markets reacted to an exchange of artillery fire between North and South Korea.


...erratic behavior by North Korea is expected.


Trading could be choppy this week, with many market participants taking time off ahead of the Thanksgiving holiday.


Oil for January delivery slipped $1.38 to $80.36 a barrel.