The market: Wow, I didn't see this coming! The Dow (irrelevant) was up as much as 250 points yesterday despite:
- Trump signing an order to increase tariffs on Chinese goods
- the 10-year bond breaking through the 3% ceiling -- now yielding 3.04%
What is the S&P 500 doing -- having just broken through 2,900 yesterday? The S&P 500 is up 4 points.
WTI: up 0.43%. Whoo-hoo!
Later: the market is now up points (10:09 a.m. CDT), on top of 185 points yesterday and the topic for the day over at CNBC: the China trade war escalates. Yawn.
Two most hated commercials: not only are they irritating, but they are practically the only ads on NBC these days.
- TD Ameritrade