Honoring Martin Luther King, Jr. Holiday

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Honoring Martin Luther King, Jr. the Civil Rights Movement Leader.

The Exchanges closed for Martin Luther King Jr.’s Holiday Day.

Friday the U.S. stocks ended with gains, building on Thursday’s record breaking day. China reported stronger industrial-production data which pushed the market into a bullish mood. It was also helped by the signing of phase-one of the trade deal between the U.S. and China. On another high note Google, the parent company of Alphabet became the fourth largest capitalized company in the world joining the ranks with Apple, Amazon and Microsoft.

We will see how the market is going to take the impeachment proceeding tomorrow.

Until then, toot-a-loo!

 

R. LaMont W.

Robert L Woods

Robert L Woods

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About Me

Robert L. Woods is the retired partner of the Institute For Fiduciary Education (www.ifecorp.com) that provided investment seminars for public and private pension funds, endowments and institutional fund managers. He spent 28 years working for the State of California, as a budget and financial analyst which includes 16 years as an Investment Officer for the California State Teachers’ Retirement System (CalSTRS). At CalSTRS, he established it as one of the nation’s first institutional home loan programs with a down payment assistance component. He also spent 13 years on the Board of Trustees for the Sacramento County Employees Retirement System (SCERS). He was a Trustee with the University of California, Davis, Cal Aggie Alumni Association and a member of the Chancellor’s Council on Community & Diversity. He is a Life Member: Phi Beta Sigma Fraternity, Inc., Theta Gamma Sigma Chapter, Sacramento, CA.

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