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Definitely a day where some folks have stepped away from their terminals and moved on to this weekend. Mentioning,you were the bond markets closed already. Worth noting that all the major indexes including the russell 2000 closing at their highs of the session. Theyve managed to close out the week with gains. The nasdaq up 3. 4 over the past five days. We still have met with us. Matt, we heard from central thisrs, jay powell, and at point the fed seems content to sit on its hands and wait to see how things shake out as its programs continue to provide liquidity to the markets. What kind of comments from the fed could spark alarm in investors Going Forward . We are about to enter a slower season. I know everyone is stuck at home, but if todays trading was any indication, we are probably going to see a lot of people not participate as much. What kind of commentary from the fed could set people off in a bad way . Things theyf the said ....
On this day in 1952, Dee Dee Ramone, co-founder of his eponymous band and prolific lyricist and composer, was born Douglas Glenn Colvin. He reportedly advocated naming the band The Ramones after reading that Paul McCartney would sign hotel registers “Paul Ramon” to thwart fans during the Beatles’ halcyon touring days. As we finally say goodbye to summer, it’s worth reprinting some of Ramone’s lyrics for “Rockaway Beach,” a paean to the southern shore of Queens. ....