The Market On Wednesday

  Good morning. It is 23 degrees and sunny here in the Upper Hudson Valley, the forecast predicts the temperature will go into the high 30s this afternoon and that it will get cloudy. That 30s number is a welcome relief as it has been very cold, freezing recently. Well hold onto your hats, after today, little by little, the days begin to get longer and longer and longer. Time is flying and before you know it, Trump will be president and the daylight will be back.

  At 9:20 a.m. ET futures are slightly higher and the price of oil per barrel is up. The market is poised to open slightly higher.

  One thing that caught my attention this morning is how the US Department of Treasury is attempting to get Deutsche Bank to pay for that bank's involvement in the financial crisis which as we know started with the Bush 2 administration. Recall that Trump is highly in debt to Deutsche Bank. I'm going to make a little side bet here that Deutsche Bank gets a little under the table 'quid pro quo' from the Trump administration over those billions that Deutsche owes. Stay tuned.

CNN: Stocks set to shine; Coca-Cola deal; Watching the banks by Alanna Petroff

...Deutsche Bank (DB) could face a massive penalty from the U.S. Department of Justice over its involvement in the U.S. mortgage market meltdown of 2007 and 2008.