The Market On Tuesday

  Good morning. It is 67 degrees and rainy here in Upstate NY. The weather logo is predicting rain and lightning today. In my opinion the dominating news is a probable US attack on Syria. John Kerry's statements are the best indication of the newest war approaching. Certainly the hawks are loving it, because after all what could possibly be better than a new war for the war monger. Recall that back as the US invaded Iraq, the neocons were calling for a continuation of the attack into Syria. Their wish is coming true, better late than never. As usual the relevant news is sketchy, unclear, and stamped with monstrous guilt.

  At 8:10 a.m. futures are moderately lower and the price of oil per barrel is higher. The market is poised to open lower although some energy stocks may benefit.

  The world news of an imminent US attack on Syria is shaking world markets and is the main trigger for today's lower futures. Investors will see data on housing and our favorite, consumer confidence, today. The struggle between world events and US economic news will push today's losses deeper or will modify the negative effect of the pre-Syria attack atmosphere.

CNN: Stocks fall on talk of strike on Syria

Investors have grown increasingly concerned that the U.S. and its allies are preparing for military action against Syria...