The Market On Thursday

  Good morning. It is 64 degrees and sunny here in the Upper Hudson Valley. It looks like it's two days in a row of gorgeous weather. The news is dominated by the NY jailbreak and by the renewed interest to ditch the Confederate flag. The common thread is this overall and not equal sense of captivity, of people being held in chains. The at large convicts are murderers. Slaves didn't want any part of it but were imprisoned anyhow, just as Charleston's Confederate statehouse flag is padlocked or imprisoned to its flagpole. There is a growing movement to relax America's severe imprisonment laws which have swelled the prison population. Once people are in the prison system it is difficult to get out and that is by recent design. We also want to unchain the recollection of racism, remove its symbols

  At 8:00 a.m. ET futures are moderately higher and the price of oil per barrel is down in the $60+ area. The market is poised to open higher.

  Two strong components have pulled and are pulling global markets lower. Wall Street at this moment is less affected but who knows how that will end later on. China is going through a stock correction and now the deal to restructure Greek debt is back on life support after a period of optimism over the last few days. Meanwhile the week is flying by.

CNN: Stocks: 5 things to know before the open

Chinese markets are now experiencing a correction after a stunning rise this year.

"The apparent lack of progress at yesterday's meeting of eurozone finance ministers has left the prospect of a deal between Greece and its creditors once more hanging by a fine thread..."