We’re Declaring Our Independence Until This Monday: Opening LineC. Thompson
The U.S. soccer team’s loss was more of an emotional blow than we were prepared for, so we’re going to close the blinds, dig out the emergency stash of beef jerky and watch all six (six, right?) Rocky movies in silence.
Opening Line will return on Monday.
Stock markets in the U.S. close at 1 p.m. EDT, the bond market closes at 2 p.m., and collateral damage from Arthur will arrive a short time later.
Before we go, we should note there are quite a few economic indicators today: the jobs report, initial jobless claims and trade balance at 8:30 a.m. EDT, Bloomberg consumer comfort and Markit U.S. services PMI at 9:45 a.m., and ISM nonmanufacturing composite index at 10 a.m. Also, the ECB announces its rate
Happy Independence Day, everyone.
“We must all hang together, or assuredly we shall all hang separately.”
-- Ben Franklin