Good morning. It is 39 degrees and sunny here in the Upper Hudson Valley, the forecast predicts a mostly cloudy day with temperatures in the mid 40s this afternoon. We had some snow on Thursday and at the moment there is a still a patina of it lingering on the ground. That will go away soon and hopefully that's the last snow we see until the end of December which is when we generally experience the first snowfall of Winter. We are down to one and a half weeks to go till election day. The polls are slightly tightening but Clinton holds the advantage in so many ways. It will be such a tremendous relief to not hear Trump's voice all the time on the news. It's been a torturous year and a half, and screw the GOP left and right for foisting this monstrosity on the US. GOP may you lose endless national elections and become embroiled with the Breitbart crowd for decades to come.
At 9:15 a.m. ET, futures are slightly higher and the price of oil per barrel is down. The market is poised to open flat to slightly higher.
Two things really caught my attention this morning. First, Amazon profit is down. How on Earth can that be as Amazon is the king of the hill. I have personally become dependent on Amazon especially with buying used books at low prices. The second thing is the first report of the third quarter GDP, 2.9%. Now that is remarkable. That's rather high and flies right in the face of the orange demon's nonsense about the economy. So look for the Democrats to 'weaponize' this number.
Reuters:
Wall Street set to open flat as Amazon overshadows GDP data
Gross domestic product increased at a 2.9 percent annual rate in the third quarter, helped by a surge in exports, the first estimate by the U.S. Commerce Department revealed.
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