Monday, October 14, 2013

Economic Journal - Monday, 10/14/2013

(as of 7:00 PST)

Uncertainty persists with the market opening moderately down this morning.  Expectations are high that a compromise will be in place by Thursday’s deadline but investors are watching nervously.  Gold is rebounding from last week’s large losses and oil continues on its downward path.  Interest rates are stable.  There are no significant economic reports out this morning, so action will be driven by earnings reports and headlines out of Congress today.

 

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