George Noorey


George Noorey

10:00pm - 12:00am

Business News

Today is the 11th trading day of 2019, with the S&P 500 Index up over 3% for the year after 10 trading days. 
Historically we've seen good starts to a year produce solid returns. In fact, starting in 1950, when the S&P 500 was up 2.5% or more on the 5th day of the year (like 2019) the full year had been higher the previous 12 out of 13 times, with 2018 being the only down year. (LPL)


Credit stress among banks has remained relatively calm recently, signaling an economic recession may not be as imminent as some investors fear. (LPL)


The US Department of Labor says inflation at the manufacturing level declined 1/10 of 1% in November. That brought inflation for the year in at 2.5%. 


Effective immediately Netflix is increasing prices by 13% to 18% depending on the plan you use. Existing customers will not see the price increase for another three months. (CNBC)


With millennial’s increasingly choosing a vegetarian/vegan lifestyle Taco Bell will test out a vegetarian menu board at some restaurants in the first quarter. They feel putting all the meat free items on one menu should make it easier for vegetarians and vegans to see their options. (CNN)


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

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  • Click on the link for the latest conditions on the mountain passes.
  • NE 4th Street is CLOSED between Addison and Xerxes until 8/30/19
  • Brosterhous Road CLOSED with detours between American Lane and News Lane until 8/30/19
  • ODOT crews performing shoulder work. Expect delays of up to 20 minutes on Deschutes Market Road, Alfalfa Market Road, Neff Road, Hamby Road, NW Lower Bridge Way, Fryrear Road and South Century Drive. At times, the road may be restricted to one lane which will be controlled by flaggers.