8 January 2019

1) The Chinese economy has failed to grow for the first time in two years. China will cut reserve requirements for banks, as well as taxes and fees, with increase infrastructure spending in an attempt to stimulate its economy.

2) For 2018, there was a slowdown among Europe’s largest economies, increasing fears for the 2019 world economy.

3) The cost of the government shutdown could cost more than the $5 billion dollar cost for the wall.

4) 7 JAN 2019 Stock market closings:

Dow            23,531.35 up 98.19
Nasdaq 6,823.47   up     84.61
S&P 500       2,549.69 up 17.75

10 Year Yield: up at 2.68%

Oil: up at $48.80

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