Monday, August 25, 2014

The Market On Monday

  Good morning. It is 62 degrees and sunny here in the Upper Hudson Valley. I hope you had a good relaxing weekend. Earthquakes seemed to dominate the news in the last 24 hours with one out in the Napa Valley and another down in South America. That is a scary thing. The little bit of it I've experienced is quite traumatic, we wish the folks out there a speedy recovery and rebuilding process.

  At 8:40 a.m. ET futures are moderately higher and the price of oil per barrel is up. The market is poised to open higher.

  The indexes remain quite fluffy. This morning there is talk of a Burger King acquisition and this is a big deal in the investment world. Otherwise many of the geopolitical messes remain with the US seemingly poised to go after ISIS. It's interesting because this conflict is gaining in appeal with liberals. When you piss off the liberals, you know war is close.

CNN: Stocks: 4 things to know before the open
...Burger King announced it's in talks to buy the Canadian coffee chain Tim Hortons in a deal that could see the burger chain move its headquarters to Canada and lower its tax bill.

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