According to our friends at Eager law, if you own residential rental property in Oregon and you sometimes feel like the state looks poorly upon your ilk, you're right. And it's likely to get a lot worse. Faced with a severe rental housing shortage and rising prices in some parts of the state, Democrats in Salem want the country's first statewide rent control law, and they have the votes to get it.
ShopKo vendors have taken steps that may force the company to file bankruptcy this week. ShopKo has 300 retail locations with 18,000 employees. (AP)
Our trade surplus with China grew by 17 percent year-over-year to $323.32 billion in 2018. That's the highest on record dating back to 2006. (CNBC)
This week 35 S&P 500 companies will report quarterly results, highlighted by several big banks. We expect a solid economic backdrop to support earnings in the mid-to-high teens for the quarter. (LPL)
China's exports fell 4.4% year over year, while Chinese imports significantly missed expectations slipping 3.1%. Both figures were the worst since 2016 and about 10 percentage points below the November readings. (LPL)
With Northwest Quadrant Wealth Management, a Registered Investment Advisor I am Troy Reinhart.