| The KUIK Market Update for Wednesday, August 27: | |||||||
| Markets are flat. | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Up | 10 | points | 17,117 | 8:01 AM | ||
| S&P500 | Up | 0.0% | percent | 2,000 | 0.29 | ||
| Nasdaq Composite | Up | 0.0% | percent | 4,572 | 1.70 | ||
| 30 Year Treasury | Down | (1) | Basis Points | 3.14 | Annual Yield | ||
| Expectations for further easing from the European Central Bank are driving bond markets higher with yields on German, Italian and Spanish government bonds dropping to record lows. Speculation that the ECB could launch a quantitative easing program started last Friday, when the central bank’s president, Mario Draghi, hinted that more stimulus measures could be needed to fight deflation. The Stoxx Europe 600 index closed yesterday up 0.1% to 343.27, the highest level since late July. | |||||||
| There is app for everything. Atlanta Falcon season ticket holders who have accrued enough “memory points” through the team’s rewards program can use their smartphones to request the presence of a cheerleader at their seats during gameday. How will they handle the drunk rowdy footfall fans in the stands? They will be escorted by security. Besides, in a proof of concept test last year, most requests came from families with daughters who wanted to meet the cheerleaders. If you are worried about a hostile wife or significant other, you can also use the app to stand on the field, get a player autograph, or hang out with the team mascot. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/german-bond-yields-fall-to-record-lows-on-easing-hopes-2014-08-27?dist=markets | |||||||
| http://blogs.marketwatch.com/themargin/2014/08/26/want-to-meet-some-cheerleaders-theres-an-app-for-that/ | |||||||
| For today’s Market Update Report click to listen-> | |||||||