(as of 7:10 AM PST)
Markets are down to
start. An escalation of violence in
Ukraine has European markets on the defensive and it has spread to the US. It is a mild retreat with indexes down about
a half percent. Gold and oil are near
unchanged. The US balance of payment
deficit was down slightly and better than analyst expectations, but the US
dollar is falling against most of its peers, especially Japan as the yen
exhibits good strength. Interest rates
are stable. It looks to be a quiet day.
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