Dock Treece

Dock Treece Monday November 16, 2020


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Monday, stocks were up Friday. The DOW index is near an all time high and the S&P hit a new all time high Friday.
Consumer Sentiment was reported Friday and it unexpectedly dropped. This was the first indicator that reflected the election results.
Big moves in the media industry and more to come. A run down on the changes.
The Detroit area is stepping up to take advantage of their location. From an article in the Detroit News: "Additionally, warehouse projects in Romulus are eligible for various development incentives that wouldn't be available in other areas because Romulus is part of the private-public Detroit Region Aerotropolis Development Corp." "The incentives were crucial to convincing Kroger to place its fulfillment center in southeast Michigan, according to Romulus' mayor. “We were definitely competing hot and heavy with northern Ohio," he said."
China's economy is back and US exporters are having problems finding shipping containers.
...more
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Dock TreeceBy 1370 WSPD (WSPD-AM)