There is no significant overnight trading news, but New York did receive a significant snowfall. This has been a dead week on Wall Street, and this snowstorm will give traders one more excuse to do nothing unless forced.
The best chance for generating stock market activity this week could come from the legal system. The appeals court considering President Trump’s travel ban could render a decision today or Friday. That decision could influence the markets.
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Trump angrily tweeted Wednesday when luxury department store chain Nordstrom pulled Ivanka Trump’s clothing line. I can’t imagine the explosion if he loses in court. If Trump loses, prepare for the tweet to hit the fan. This might give bond traders the push they are looking for.
February 9, 2017
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Will The Tweet Hit The Fan?
There is no significant overnight trading news, but New York did receive a significant snowfall. This has been a dead week on Wall Street, and this snowstorm will give traders one more excuse to do nothing unless forced.
The best chance for generating stock market activity this week could come from the legal system. The appeals court considering President Trump’s travel ban could render a decision today or Friday. That decision could influence the markets.
Make Dwight A TRUSTED Part Of Your Day
Read more insights from Dwight Johnston on TrustCU.com or register for his Daily Dose e-newsletter to receive his blogs straight to your inbox.
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Trump angrily tweeted Wednesday when luxury department store chain Nordstrom pulled Ivanka Trump’s clothing line. I can’t imagine the explosion if he loses in court. If Trump loses, prepare for the tweet to hit the fan. This might give bond traders the push they are looking for.
Daily Dose Of Industry Insights
Stay informed, inspired, and connected with the latest trends and best practices in the credit union industry by subscribing to the free CreditUnions.com newsletter.
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