Morning Market Report 8/20/2012

The KUIK Morning Market Report for Monday, August 20:
It is a down day.
Index Direction Change Units Last Time
Dow Down                    (21) points             13,255 8:06 AM
S&P500 Down -0.3% percent               1,414
Nasdaq Composite Down -0.4% percent               3,065
30 Year Treasury Down                     (1.7) basis points               2.92
The bank deposits loan gap is growing the fastest in two years, softening a bond market sell-off.  The   Federal Reserve reported deposits increased 3.3 percent to $8.9 trillion in the two months ended July 31.  Business lending rose only 0.7 percent to $7.1 trillion.
Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.bloomberg.com/news/2012-08-20/banks-use-1-77-trillion-to-double-treasury-purchases.html
For today’s Morning   Market Report click to listen-> https://beaconrwa.com/audio/Morning-Market-Report.mp3
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