Lars Larson

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Lars Larson

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Some investors were running for cover this morning in light of the uncertainty in Japan with the nuclear power crisis. In Japan, the market has lost more than $700 billion in the last two days. In the U.S., we are having one of the worst down days in awhile. As of noon, the Dow was off 132 points. But it was much worse this morning.   "We were way-way down out of the box this morning -they had to put trading curbs in.” Troy Reinhart with Northwest Quadrant Wealth Management says this morning the Dow was down 279 points, almost 3% at one point. Then the sellers left suddenly and the market started rebounding. He says his phone started ringing at 5 am and its been non-stop all morning. "Clients are asking whether they should be worried about all this and our answer to all this is: that markets usually over-react to things and we think that is what is going on. If you live in Japan, this is Armageddon, and we understand and our hearts go out to them. But probably for the regular retails investor at the end of the day, just stay the course and this thing will correct itself and we'll come out at the other end and there will be some positive things that come out of this.”

 

 

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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.