3/4/2016 Markets Meandering,The Presidential Campaign, Time Travel
AUTHOR: TOWNE SCHERER.COM 3/4/2016: Towne Scherer Private Wealth Management BLOG:
Markets Meandering
The three-week stock market rally extended on higher than expected employment numbers, although the jobs report showed a decline in wages, according to a 3/4/2016 Bloomberg report. One might suspect that the market is looking for any reason to move forward while increases in interest rates seem to have assuaged.
In this corner or The Presidential Campaign
After Super Tuesday Trump leads the republican field with 329 delegates, while Cruz has 231, Rubio has 110, Kasich has 25 and Carson has 8. Because of the size of the field it is unclear if Trump will be able to get the 1,237 deletes needed for the nomination, leaving the door open for a brokered convention. This was followed by a raucous march 3rd republican debate, with Cruz and Rubio constantly on the attack against Trump. Further, Romney has stuck his nose in the process with an anti-Trump speech and with rumors that he may be behind a push to stop Trump at the RNC. Clinton, on the other hand, is crushing Sanders, 1,058 to 431 in delegates, well on her way to getting the 2,383 delegates needed for nomination on the Democratic side. Nevertheless, the FBI recently announced that immunity was given to an aide of Clinton’s who was responsible for her personal servers, with talk of the investigation pushing forward. “It gets Curiouser and Curiouser, as Lewis Carroll said.
Can we just get away or Time Travel
According to a 3/4/2016 article in The Washington Post, the Hubble telescope has viewed a galaxy named GN-z11 that is 13.4 billion years away. Therefore, the light we see from this galaxy has been traveling to the earth the last 13.4 billion years or 400 million years after the big bang. This is the farthest scientists’ have seen into the past, about 97% to the Big Bang. We are so teeny. But….we seem so big.
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