DJIA – down 225
NASDAQ – down 48
LMT – up 0.7%
NOC – unch
OA – up 0.7%
RTN – up 0.4%
Unexpectedly!
5 thoughts on “Chicago Boyz Morning Market Report”
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Some Chicago Boyz know each other from student days at the University of Chicago. Others are Chicago boys in spirit. The blog name is also intended as a good-humored gesture of admiration for distinguished Chicago School economists and fellow travelers.
DJIA – down 225
NASDAQ – down 48
LMT – up 0.7%
NOC – unch
OA – up 0.7%
RTN – up 0.4%
Unexpectedly!
Comments are closed.
Crude oil is getting pummeled. The Saudi’s are going to run out of Shia clerics to execute keeping the price out of the 20s
Let those silly Saudis and Persians have their tantrums. We can safely ignore them and the rest of the ME, since as everyone knows oil prices are declining only because the world is moving inexorably to wind, solar and other renewable energy sources.
Dumped all the stocks in my 401k into money market and government bonds last night.
Just fleeing to safety!
“because the world is moving inexorably to wind, solar and other renewable energy sources.”
Sure.
I don’t worry about low oil prices staying low for long.
Remember Say’s Law – supply creates demand.