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September 2013
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Morning Market Briefing – Monday- 09/2/2013

Labor Day, the first Monday in September, celebrates the social and economic achievements of American workers by giving them a day of rest. It commemorates the much unappreciated contributions workers have made to the prosperity, strength, and well-being of our country (and therefor the world). It is our favorite Holiday. Recapping last week, the stock market started last week green when the economic data came in weaker than expected. It seemed that bad news was bullish again by keeping interest rates low. In fact, the market remained green for most of the day on Monday. Then, with an hour left of trading, John Kerry discussed the possibility of an attack on Syria. This resulted in the Dow Jones, S&P 500, and Nasdaq all dropped over 1% to end the day red. […]