Morning Market Report 4/7/2015 | Beacon Rock Wealth Advisors

The KUIK Morning Market Report for Tuesday, April 7:

Markets are up.

Index	Direction	Change	Units		Time	Change
Dow	Up	74	points	17,952	6:57 AM
S&P500	Up	0.3%	percent	2,086		5.16
Nasdaq Composite	Up	0.4%	percent	4,936		19.14
30 Year Treasury	Down	(1)	Basis Points	2.56	Annual Yield

The Bank of England has asked U.K. banks to put emergency plans in place to to absorb the potential shock from an escalation of the Greek debt crisis. Since February, Greece has been working closely with the International Monetary Fund and the European Central Bank to lay out a reform plan, so it can get the next round of bailout money. Attempts to hammer out a deal have failed: Greece is calling for greater leniency on its bailout terms, while its lenders insist Athens must stick to its earlier arrangements and implement needed reforms. Economists say Greece is at risk of running out of money in late April, unless the bailout funds are released. Without the money, the biggest concern is that the country will default on its debt and Grexit from the eurozone.

Living standards may only rise slowly due to an aging population and lower capital and productivity growth, according to a report from the International Monetary Fund.The IMF says the rapid pace of productivity growth in the late 1990s and early 2000s — fueled by the information technology boom — is unlikely to be restored in advanced countries. In emerging economies, the returns from education and innovation are unlikely to be as large as they were initially.





Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.

http://www.marketwatch.com/story/boe-calls-on-banks-to-brace-for-greek-eurozone-exit-2015-04-07
http://www.marketwatch.com/story/in-grim-report-imf-says-productivity-wont-recover-to-prerecession-levels-2015-04-07



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