Dow at 26,000

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Col. Flagg
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Location: Utah County

Dow at 26,000

Post by Col. Flagg »

:lol:

https://www.cnbc.com/2018/01/16/us-stoc ... genda.html
U.S. stocks pulled back from record highs on Tuesday as investors weighed the possibility of a government shutdown.

The Dow Jones industrial average traded 15 points higher but below 26,000, a milestone reached earlier in the session. The Dow had gained as much as 283 points, but briefly gave back its gains and fell as much as 100 points. If it closes lower, the Dow would notch its biggest one-day reversal since Feb. 10, 2016.
Meanwhile...

https://www.zerohedge.com/news/2018-01- ... onate-next
In its latest reminder that China is a (for now) happy holder of some $1.2 trillion in US Treasurys, Chinese credit rating agency Dagong downgraded US sovereign ratings from A- to BBB+ overnight, citing "deficiencies in US political ecology" and tax cuts that "directly reduce the federal government's sources of debt repayment" weakening the base of the government's debt repayment.
That day of reckoning for the world is approaching...

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