Holiday

Good morning. I hope you are enjoying the holiday weekend. Rain is a big part of it in this part of the country. The local people are all abuzz regarding a tornado that set down outside of Amsterdam NY early Sunday evening mostly causing property damage. The forecast has rain penned in for today as well. Bummer because I was hoping to do some outside work on this old house in preparation for the winter. The streets around here are very quiet, people are taking the holiday seriously.

Wall Street is thankfully closed today, foreign markets are not, and their indexes are down.

Reuters: World stocks slide on economy and debt fears

...worries about Greek and Italian fiscal deficits...


U.S. crude oil fell 1.6 percent to $85.07 a barrel.


The dollar rose 0.4 percent to set a one-month high against a basket of major currencies.