19 March 2019

1) Used aluminum cans are unwanted by scrape metal dealers, because the metal is less desirable for structural aluminum in aircraft and cars. Scrap prices have dropped 30% indicating the economic challenges for recycling.

2) Flooding in Nebraska has left the state nearly paralyzed the flood leaving people isolated and bringing business to a near standstill. It is still too early to assess the economic losses, but it’s expected to be tremendous.

3) Home Depot, the home improvement supplier, is going on a massive hiring spree planning to hire 80,000 new people this spring to staff stores. Positions are both permanent and seasonal part-time jobs. Seasonal jobs can be for as long as 120 days.

4) 18 MAR 19 Stock market closing:

Dow           25,914.10   up   65.23
Nasdaq        7,714.48   up   25.95
S&P 500       2,832.94   up   10.46

10 Year Yield:     up   at    2.60%

Oil:      down   at    $59.02

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