AUTHOR: TOWNE SCHERER.COM 04/08/2015: Towne Scherer Private Wealth Management BLOG: According to CNN, shortly after he killed three people and wounded more than 250 others in the Boston Marathon bombing (in 2013), surveillance images showed Dzhokhar Tsarnaev strolling through the aisles of (a market) to buy milk and smiling as he stopped by his college gym. Today Tsarnaev was found guilty of all 30 counts, suggesting that compassion for terrorists in the U.S. is waning. Houthi rebels and a Saudi coalition continue to battle for Yemen while Iran deployed warships off of the coast of Yemem. Newsweek reported that the Russian government is responsible for a cyber-hack on the White House and the State Department in which “sensitive” information was accessed in 2014. One wonders if this will somehow spread to Hillary Clinton’s emails which involved a server she retained at her private residence. The Dow continued to rumble towards 18,000 while LPL Asset Allocation Models remained unchanged. Dorsey Wright’s D.A.L.I. continued to show domestic equities and fixed income as the biased asset classes, with healthcare and consumer cyclicals being the prominent investment sectors. Towne Scherer’s Wave and Wind Allocation remained unchanged for the week. To close, Al-Shabaab militants are responsible for a series of deadly attacks over the last few years in Kenya where Christians were mostly targeted. Recently, in early April, 147 people were massacred at Garissa University in northern Kenya with local Kenyan schools (fearing) they’re next, CNN reported. Amazingly, while experiencing terrorist activities in Europe, the Middle-East, the U.S. and, now, Africa, Duke won the NCAA Basketball championship and opening day for Major League Baseball just seemed to pop up. Wow!!!
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