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Big rally yesterday as President Trump took jobs action. The S&P 500 and the Nasdaq posted record closes. The Dow finished less than 90 points away from 20,000. (CNBC)

Home resales fell in December by 2.8% from the prior strong month. That is an annual rate of 5.49 million units.  Home sales of 5.45 million units in 2016 is the highest since 2006 and up from 5.25 million in 2015. The number of unsold homes on the market fell 6.3% from 2015 to 1.65 million units, the lowest level since 1999.  (National Association of Realtors)

The Wall Street Journal exposes more ethical rot at Wells Fargo.  It is reporting branch managers were warned at least 24 hours in advance of “surprise” internal inspections.

Boeing reported fourth-quarter profits of $1.63 billion or 2.59 per share. The airplane builder had sales of $23.29 billion in the quarter. Boeing shares are up 3% in 2017 and are up 29% in the last 12 months. (AP)

McDonald's is rolling out a revamped Big Mac tomorrow.  To celebrate they will give away 10,000 bottles of the Big Mac Special Sauce at participating locations around the nation. (USA Today)

With Northwest Quadrant Wealth Management, a Registered Investment Advisor I am Troy Reinhart.
 

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Help Puerto Rico

Most organizations are asking for cash, rather than supplies, so they can route help to where it’s needed most more quickly. Here are some of the largest groups with campaigns underway:

 

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  • Click on the link for the latest conditions on the mountain passes.

 

  • Intersection of NW Broadway Street and NW Delaware for waterline replacement project, road closures with detours clearly marked for thru traffic, 7 a.m. – 4 p.m. daily with roads opened nightly. Motorists are encouraged to avoid this area and use Bond Street and Wall Street.

 

  • Nels Anderson Road between Nels Anderson Place and Brandis Court, single northbound shoulder closure will be in effect, two-way traffic to be maintained. Project completion expected December 2017.