MONDAY 1/16/17; Dr Martin Luther King Jr Day; US Markets Closed; Shenzhen Index Mini-Crash -5.5%; Pound Pounded to a 1.19-Handle Testing Record Low; FTSE Record Intraday High; Davos Forum Begins

US stock and bond markets are closed for Dr Martin Luther King Jr Day. King is the famous civil rights leader. Trading resumes tomorrow. World markets are open and trading. Australia and New Zealand stock indexes are trading 








[Text is redacted. Purchase the 2017-01 chronology to enjoy January's economic and market history including Dow 20K and SPX 2.3K.]

Sadly, Gene Cernan, the last astronaut to walk on the moon, dies at 82. Cernan was very brave and at one point thought he may not be returning to Earth on the Apollo 17 mission but remained cool as a cucumber. Cernan often commented about climbing the ladder back to the space capsule after the last moonwalk.