Wednesday, October 01, 2014

The Market On Wednesday

  Good morning. It is 61 degrees and overcast here in the Upper Hudson Valley. Rain is expected. Welcome to October, by the end of the month the darkness will be very apparent as will the witches and goblins. The main headline on CNN this morning - a person is now diagnosed with Ebola in Dallas, this is the first such case in America. Hmm. This could get tricky but the medical system in the USA does have its advantages.

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

  Apparently manufacturing in the Eurozone is contracting and this along with the democratic protests in Hong Kong are putting caution into today's opening. Regardless, October is here and the bevy of third quarter reports are soon to follow. As always the reports indicate the health of the corporate world, the fundamental driver of all global economic activity.

CNN: Stocks: 5 things to know before the open
Manufacturing in the eurozone has stalled, and is now contracting in Germany, the region's biggest economy...

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