25 March 2019

1) The English pound has had its biggest single day drop because of Brexit. Brexit will be delayed until May the twenty-second if the British Parliament passes the exit deal.

2) Boeing has experience its first cancellation of its 737 MAX with Indonesia canceling a huge order of 49 aircraft. Boeing is rushing to complete its new warning system since the 737 MAX is its biggest seller.

3) Pinterest files for its IPO, releasing its prospectus this last Friday showing a $53 million dollar loss. Presently, the software has about 265 million users. Uber also plans to list its IPO on the New York Stock Exchange, the largest so far this year.

4) 22 MAR 19 Stock market closings: Dow dropped over fears of a global slowdown.

Dow                 25,502.32       down     460.19
Nasdaq              7,642.67       down     196.29
S&P 500             2,800.71       down       54.17

10 Year Yield:     down   at    2.46%

Oil:      down   at    $58.97

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