Good morning. It is 41 degrees and overcast here in the Upper Hudson Valley. It looks like we had above freezing temperatures overnight and to our surprise little patches of the ground are starting to reappear here and there with the snow melting away. More melting will go on today. Someone was highlighting an article on Facebook that showed how unpopular Jazz has become in the USA. I fully understand this actually, no matter how we try to preserve our interests in the world, the tastes of world moves on especially in a digital age. My advice is to enjoy the changes, change is unavoidable and at this time in history business and culture are changing at lightning speeds. Let me state the obvious though, human beings have not changed a whole lot, our interests and customs change, our wealth changes, our external circumstances change, but we are still faced with the entire same list of frailties, strengths, weaknesses, maladies, and our fundamental capacity for good things. Our internal world is intact.
At 8:50 a.m. ET futures are moderately higher and the price of oil per barrel is up nearing $49 a barrel. The market is poised to open higher.
On Tuesday the market literally blew a huge whole in its tire and went careening off the road into a muddy sink hole. Wednesday is starting out with a fresh take on the world as the global strength of the dollar rises due to the alleged stronger US economy. This is a different sort of shake out as it were. However, it's also probably a decent time to travel abroad, more bang for the buck as they say.
CNN:
Stocks: 5 things to know before the open
The dollar has climbed to a 12-year high against the euro of $1.06.
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