Wednesday, February 8, 2017

THURSDAY 2/9/17; Greece 2-Year Yield Above 10% Beginning New Greek Financial Crisis; BZH; NILE; KO; CLF; CVS; DTE; DNKN; K; MAS; OXY; TWTR; VIAB; YUM; Wholesale Trade; President Trump Promises Tax Plan in 2 to 3 Weeks; Republican Lawmakers May End Bank Stress Tests; SPX (S&P 500), INDU (Dow Jones Industrials), COMPQ (Nasdaq Composite) and NDX (Nasdaq 100) Print All-Time Record Highs; 30-Year Bond Auction; CERN; MHK; NE; NVDA; P; YELP; ZNGA

Euro 1.0694. Dollar/yen 111.84. Pound 1.2535. WTIC oil 52.40. Brent oil 55.16. Natural gas 3.145. Gold 1243. Silver 17.78. Copper 2.666.

[Text is redacted. Purchase the 2017-02 chronology to enjoy February's economic and market history including new all-time highs in the stock market.]

The US courts rule 3-0 that President Trump’s travel ban will not take effect and the borders will remain open to travelers from terrorist nations. The 9th circuit court (republicans jokingly call the liberal court the “9th circus”) upholds the suspension of the Trump immigration order. The decision is a setback for the president. The travel ban case will likely proceed to the Supreme Court. President Trump responds quickly saying, “The security of the nation is at stake” and in classic braggadocio fashion exclaims loudly, “See you in court!”

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.