Wednesday, May 24, 2017

The Market On Thursday

  Good morning. It is cloudy and 59 degrees here in the Upper Hudson Valley, the forecast predicts a cloudy day with temperatures in the 70s this afternoon. Hey it looks like we are in for a very nice looking weekend with some sunshine and perfect temperatures.

  At 9:10 a.m. ET DOW futures are +12 and the price of oil per barrel is down. The market is poised to open modestly higher.

  We got to see the vicious quality of Trump's hideous budget yesterday. The irony of course being that the people who voted for this monstrosity of a president will indeed be among those most adversely affected. When we talk about things like cutting food stamps, recall that it is white poverty in areas like Kentucky and West Virginia that rely on food stamps to exist and who also utilize this benefit more than anyone else.

CNN: China debt downgrade; U.K. terror; Nintendo gains by Ivana Kottasov√°

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