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Monday, August 18, 2014

The Market On Monday

  Good morning. It is 61 degrees and sunny here in the Upper Hudson Valley. A sunny pleasant day is expected for the region. I hope you had a good relaxing weekend. We see that Ferguson is really in a state of panic, there's rioting and looting and the protests have gotten intense plus the governor is now sending in the National Guard. We hope that calmer and just minds can somehow rise to put some sense of ease back into that community. Right now the people there are experiencing intense anxiety, fear, anger, and panic and is so often the case, this gets amplified among a large group of people.

  At 8:45 a.m. ET futures are moderately higher and the price of oil per barrel is down. The market is poised to open higher.

  For the present moment this morning, investors are feeling a little less pressure from a long list of world calamities. We have a slight break in the mess in the Ukraine and this is helpful especially since it directly effects economic powerhouse Germany. Somehow we all need to get through this August in one piece!

CNN: Stocks: 4 things to know before the open
The German foreign ministry reported "some progress" in talks Sunday with Russia and Ukraine.

The National Association of Home Builders will release its latest monthly stats on the U.S. housing market at 10 a.m. ET.

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