Along with September volatility is back in the markets. Stocks are falling in early trading. Markets surged almost 1.5% yesterday, a huge turnaround from early trading. (CNBC)
After Wells Fargo employees illegally opened 1.5 million bank accounts and over half a million credit cards they were fined almost $190 million. But no one was charged with a crime and now we find out this. The executive who oversaw this group of employees who perpetrated these crimes retired over the summer and walked away with a $124.6 million bonus. Unbelievable. (NY Times)
Americans are more positive about the nation's economy than they have been in nine years. 53% of Americans say economic conditions in the US are good, up from the 45% in June. Democrats are more likely to say the economy is in good shape at 78%. 28% of Republicans felt the economy was in good shape. (CNN)
Boeing says Chinese airlines are likely to purchase 6,810 planes worth $1 trillion over the next two decades, a 7.6% increase from last year's projection. (Reuters)
With Northwest Quadrant Wealth Management, a Registered Investment Advisor I am Troy Reinhart.