Monday, August 26, 2013

The Market On Monday

  Good morning. It is 63 degrees and overcast here in Upstate NY. It sure looks like the rain is coming out there. I hope your weekend was outstanding, restful, and re-energizing. We are up to our ears in cucumbers. For our garden this is the year of the cucumber and that means that with every meal I get a cucumber and tomato salad with olive oil, balsamic vinegar, and sea salt. Truth is that is something I really enjoy and will eat a few times a day. Throw in some crushed almonds or currants or carrots and a side of a small piece of salmon, it's the best.

  At 8:10 a.m. ET futures are slightly lower and the price of oil is slightly higher. The market is poised to open in the mixed area.

  Investors are back to pondering the fate of quantitative easing as a rather prestigious meeting on monetary policy with big names from all over the world took place over the weekend . Just as we saw a few months ago when every day was linked to the fate of the eurozone which incidentally seems to have been neatly and magically factored into the equation, the abatement of quantitative easing is in the constant foreground. It's going to happen, it's just a matter of when and how much. Most feel it will occur this Fall.

CNN: Stocks: Wary investors keeping tabs on Fed
Tapering by the Fed was the focus of weekend discussions as central bankers from around the world took part in the Fed's annual monetary policy symposium in Wyoming.

2 comments:

Anonymous said...

We've been growing garlic. It's awesome. They taste better than anything in the grocery story. We also grew corn this year. We didn't do tomatoes. The last time we grew tomatoes was a few years ago, during the blight. We had to pull them up and throw them away; it was discouraging.
Cucumbers are wonderful. A few years ago, we had a small halloween pumpkin we bought for decoration. After it started rotting, we tossed it out back into the garden. And we had huge pumpkins growing! Giant leaves, huge vines... Pumpkins are delicious. It's weird that people just think of them as halloween decorations. You stew them like squash; the perfect dish.
Growing your own food gives you such a feeling of power, and appreciation for the plot of earth you "own" .... Try pumpkins, they're incredibly easy to grow, as easy as cucumbers, and you'll enjoy them all winter.

Jim Sande said...

thanks for the suggestion - I'll check out pumpkin.