New article posted below titled, “SEARS SEEMS TO BE GOING THRU BANKRUPTCY………”
1) President Trump continues to blame the Federal Reserve interest rate increase for the nose dive of the markets. The Dow is down 1,300 points in two days, the steepest losses in 8 month. The losses are world wide.
2) Social Security recipients will receive a 2.8% increase in 2019. This will amount to an average of $39.
3) The CVS health and Aetna merger will have profound changes to American health care. CVS will bring vast drug purchasing data to Aetna allowing Aetna to predict health conditions in a region, and give the insurance company the buying habits to predict areas to give coverage to or avoid.
4) 11 OCT 18 Stock market closings:
Dow 25,052.83 down 545.91
Nasdaq 7,329.06 down 92.99
S&P 500 2,728.37 down 57.31
10 Year Yield: down at 3.13%
Oil: $71.20 down from $72.71