The KUIK Morning Market Report for Friday, March 3:
Markets are flat.
Index
Direction
Change
Units
Time
Dow
Down
(4)
points
21,000
7:23 AM
S&P500
Down
-0.2%
percent
2,377
Nasdaq Composite
Down
-0.3%
percent
5,845
30 Year Treasury
Up
1
Basis Points
3.09
Annual Yield
Entrepreneur Magazine reports that grass is a growing industry. It expects big growth for legal marijuana. New Frontier Data projects total market sales for cannabis will reach $24 billion nationwide by 2020. They also project the industry will create about 283,000 jobs over the next three years. But that includes a projected slow down over the next three to five years in the industry’s rapid growth. The biggest obstacle is opposition to legal marijuana by the Trump Administration.
President Trump heads to Florida today, where he will visit a Catholic school and highlight his pitch for school vouchers. CBS News writes, critics say voucher programs drain funding from the public school system. But proponents of school choice, like Trump and Education Secretary Betsy DeVos, argue kids in poorly performing public schools should have the opportunity to be educated elsewhere.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
