Friday, November 27, 2015

Economic Journal - Friday, 11/27/2015

(as of 7:30 AM PST)
 
It is a very quiet morning with most investors taking the day off.  There was widespread relief that terrorism seemed to take a holiday as well with no major terrorist events reported on Thanksgiving. A plunge in China's Shanghai market is the big international news. The often volatile index was off over 5%, but European and US markets ignored the turmoil.  Gold and oil are down again as commodities continue to be sold off on continuing dollar strength.  We might see a negative spillover to Monday's market opening with serious investors evaluating the China action, but all appears quiet today.

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