Morning Market Report 11/19/2013 | Beacon Rock Wealth Advisors

The KUIK Morning Market Report for Tuesday, November 19:

Markets are up a little.

Index	Direction	Change	Units	Last	Time	Change
Dow	Up	18	points	15,993	7:02 AM
S&P500	Down	0.00%	percent	1,791		(0.08)
Nasdaq Composite	Up	0.12%	percent	3,954		4.64
30 Year Treasury	Up	0	Basis Points	3.77	Annual Yield

The uncertain future of U.S. fiscal and central-bank policies poses a growing risk to a global economic recovery that has already been weakened by a slowdown in growth in many developing economies, according to the Organization for Economic Co-operation and Development. In its twice-yearly Economic Outlook report, the Paris-based research body said the U.S. debt ceiling should be abolished, and replaced by “a credible long-term budgetary consolidation plan with solid political support.”

Economic expectations in Germany in November climbed to the highest level since October 2009, with the ZEW Indicator of Economic Sentiment rising 1.8 points to 54.6 points. Analysts expected 55, according to FactSet. The current economic environment worsened slightly, with the current-situation indicator slipping 1 point to 28.7 points.

Selfie beat out twerk for the 2013 word of the year by Oxford Dictionaries. A selfie is a self-portrait usually taken with a camera phone was traced back to an Australian Internet forum in 2002, but it didn’t catch fire until this year. Since 2013 started, we’ve endured a 17,000% surge in use. While still not in the print version, “selfie” was added to Oxford Dictionaries Online in August.



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

http://www.marketwatch.com/story/us-taper-debt-crisis-threaten-global-recovery-oecd-2013-11-19
http://www.marketwatch.com/story/german-economic-confidence-climbs-to-4-year-high-2013-11-19
http://blogs.marketwatch.com/themargin/2013/11/19/justin-bieber-rihanna-the-pope-help-to-make-selfie-the-word-of-the-year/


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