Good morning. It is 35 degrees and sunny here in Upstate NY. The forecast is predicting we go into the 70s later today. We've had cool nights and we suspect that may not last too much longer, the warmth is just around the corner. The Boston Bombing calamity is sounding more and more fishy to me. I still don't get it. Yes these two did the twisted act but on the other hand the response was not proportional. They lock down a city? They bring in thousands of law enforcement and the military? What is up with that. Every time there is a calamity it seems that the government wants to test out some intense idea just to see if it works. These calamities provide an opportunity for the government to do this stuff unchecked. That is fishy. Also the notion that they did this bombing because of Iraq and Afghanistan, what is up with that? That does not make any sense either given that these two were reasonably integrated into American life.
At 7:40 a.m. E.T. futures are modestly higher an the price of oil per barrel is higher. The market is poised to open higher.
In case you didn't know there was a mini crash of the stock market on Tuesday as false reports of an explosion at the White House sent investors into rapidly selling off equities. So much for Twitter and our new dependence on that "social media" brand as the new source of all that is true and good in the world. One always wishes that calmer minds will prevail and that lessons on little things like accurate verification might make their way back into the official news of the land. Otherwise investors seem to be pleased with first quarter corporate results as the market has risen again. Those reports remain in focus today.
CNN:
Stocks: Earnings still pouring in
Earnings will remain in focus Wednesday...
European markets rose in morning trading...
Asian markets ended higher...
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