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Thursday and Friday saw the first two day back-to-back rallies of greater than 1% since the last trading day of 2012 and first trading day of 2013. (CNBC)

McDonald’s says global sales rose 1.2% in January.  Sales in the US fell by a little over 1%.  On Saturday the first golden arches opened in Vietnam. (Reuters)   

Companies won two important unanimous rulings before the Supreme Court recently. The first involved US Air saying they could not be sued when they report security threats to the TSA.  The other involved US Steel saying companies in many cases don’t have to pay workers for time spent putting on and taking off safety gear for work. (Bloomberg)  

As demand for gold coins increases mints are ramping up.  Austria’s AG mint has added a third 8-hour shift to keep up with demand and Australia’s Perth mint saw demand raise 20% this year.  In an example of investors emotional tendencies sales by the US Mint posted their best month since April 2013 in January.  Last Spring the bling plunged into a bear market and prices were over 30% lower. (Bloomberg)  

First there was the football bowl shortage of Velveeta Cheese now comes reports of shortages of Kraft string cheese. The shortage comes amid a recall of millions of packages from a plant in upstate New York. (Associated Press)

Traffic

 

 

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

 

  • I-84,Troutdale MP 17 - 62, in the Coumbia Gorge remains closed. The highway is closed EB at Exit 17 in Troutdale. Trucks use US-26 to OR-35 as an alternate route.

 

  • Construction at 27th Street . Northbound Lane Closed from Ferguson to Bear Creek.  Detour in place.

 

  • 27th and Bear Creek Rd intersection varying traffic control changes

 

  • O.B. Riley Road South-bound lane closed south of Mervin Samples Rd (12/17)