10 September 2018

New article posted below titled “The Jobs for the Young – Going, Going – Gone!”

1) The crypto currency Bitcom down 20% in 2 days amid legitimacy crisis. With no real material wealth behind these electronic currencies, this is a problem that continually plagues the crypto currencies.

2) Walmart has ordered an additional 12 all electric semi-trucks to go with its initial order of 30 trucks. Despite running on batteries, these trucks are reported to have a range of 500 miles.

3) The economy added 201,000 new jobs in August while the unemployment rate remained at 3.9%. Wage growth accelerated with a 2.9% growth. It’s expected that the Federal Reserve will increase the interest rate two more times this year to check inflation as the economic boom continues.

4) 7 SEP 18 Stock market closings:

Dow              25,916.54          down           79.33
Nasdaq           7,902.54          down           20.18
S&P 500          2,871.68          down              6.37

10 Year Yield:     up    at    2.94%

Oil:        up    at    $67.86

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