7 February 2019

1) American trade deficient continues to fall, now down to $49.3 billion dollars. This is a decline of 11.5% from last October’s $55.7 billion dollars. American exports fell, but imports fell even fast to give a net decline of the trade deficient.

2) Daimler has experienced a financial downturn while Toyota’s improved. Daimler’s fourth quarter net profit fell 49% even though revenue is up 7%. Sales are down for their luxury automobiles because of trade wars and bottle necks such as environmental certifications.

3) Boeing Aircraft is being sued for a wildfire that devastated Malibu California. The suit alleges that Boeing was negligent in the management of vegetation which allow the fire to spread. The fire resulted in three deaths, burned 100,000 acres while destroying 1,500 structures.

4) 6 FEB 19   Stock market closings:

Dow               25,390.30     down    21.22
Nasdaq             7,375.28     down    26.80
S&P 500            2,731.61     down      6.09

10 Year Yield:     unchanged    2.70%

Oil:     down   at    $54.00

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