1) Forecast are for oil to have the longest run of weekly declines in three years, as instability of the emerging markets plus the ongoing trade conflict between the U.S. and China bring fears that fuel demand may decline as economies slow.
2) BHP Mining reports profit surge of 33%, but missed analyst estimates by $300 million dollars. Nevertheless, they paid record dividends.
3) Japan is contemplating building casino complexes on its Dream Island. Plans are for Dream Island to become the Las Vegas of the east.
4) 21 AUG 18 Stock Market Closings:
Dow 25,822.29 up 63.60
Nasdaq 7,859.17 up 38.17
S&P 500 2,862.96 up 5.91
10 Year Yield: up at 2.84%
Oil: up at $67.32