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A Bend financial advisor reacts to a big down day on Wall Street. U.S. stocks fell for a fourth session today. The Dow Jones industrial average was down 248 points.  Troy Reinhart with Northwest Quadrant Wealth Management in Bend says Europe is mostly to blame. "This is all Europe. It’s really a continuation of what we've seen all year; been even more succinctly over the last quarter the last 3 or 4 months and Europe's dragging everything down. Everyone's worried, no one knows who owns what debt what the contagion is out there so it makes everybody sell off." He says light trading volume is another factor. He doesn't believe the super-committee's failure played a factor because he says that result was already priced into the market.

 

 

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Traffic & Weather

 

 

 

 

Jones Road, full road closure between Bennington Lane and NE Butler Market Road. May 18 – August 18, local access only.
 

Oregon State University off-site improvements for intersection reconstruction, July 11 – August 3,    7 a.m. – 4:30 p.m., at intersection of Chandler Avenue and Yates Drive.

 

Orion Drive closed in two locations for sewer work; at the intersection with Avery Lane and between Desert Woods Drive and King Hezekiah Way.  From July 11 to Sept. 6. Detours marked.

 

Valhalla Sewer Relocation Project, Mt. Washington Drive at Shevlin Park Road intersection and North to Regency Street. Nighttime closures with detours marked during roundabout construction. Daytime closures for construction towards Regency Street.    7 p.m. – 7 a.m., July 11 – November.

 
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