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The Japanese stock market closed at its highest level since December 5, 1996 on Tuesday. Driving the recent gains have been strong earnings, an improving economy, and loose monetary policy. This is yet another global equity market that is breaking out to multi-year highs, further supporting our view that the global bull market is alive and well. For some stock market trivia, December 5, 1996 is the same day as Alan Greenspan's "irrational exuberance" speech. (LPL Research)

JPMorgan Chase reported Q3 profits well above Wall Street estimates, but the stocks is down as investors focused on a big drop in trading revenue. (CNBC)

AT&T third quarter results were negatively impacted by the hurricanes and earthquake in Mexico. They said the impact was two cents per share. AT&T also lost 90,000 video subscribers during the quarter, due to heavy competition. (CNBC)

Citigroup reported better-than-expected quarterly results with EPS of $1.42 and sales of $18.173 billion. Both were better than expected. A decline in fixed-income trading was offset by an increase in equity trading revenue.  (Reuters)

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

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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.