Wednesday, March 08, 2017

The Market On Wednesday

  Good morning. It is 43 degree and hazy sunny here in the Upper Hudson Valley, the forecast predicts temperatures in the high 50s along with a few clouds. Looks like the long range forecast has us in for another severe cold spell this weekend, single digits, ouch. Let's take a look and see what the liar psychopimp in chief has devised for America today.

  At 9:10 a.m. ET the DOW is +23 and the price of oil per barrel is down. The market is poised to open modestly higher.

  The big news is coming on Friday when the government releases its numbers for February job growth. No doubt Trump will take credit for it too. Otherwise, it looks like a complacent sort of morning.

CNN: Adidas on the run; China's trade deficit; U.S. jobs preview by Alanna Petroff
China reported a rare trade deficit in February equal to about $9 billion. However, the country's trade data are frequently distorted this time of year.

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