The stock market, including the NYSE (NYSE: ICE) and Nasdaq Inc. (NASDAQ: NDAQ), will be open for a full day of trading on Veterans Day, this Friday, Nov. 11.
The bond market, however, will be closed.
Millions of dollars exchange hands every day through price action between active investors and day traders, and huge money managers transfer stocks in portfolios to stay ahead of economic trends and maximize value for their clients.
A popular standard for budgeting rent is to follow the 30% rule, which is spending a maximum of 30% of a gross monthly income on rent.
Not so this year, for most Americans.
Mortgage demand is at its lowest level since 1997, hurting home-builder confidence.
In fact, builder sentiment is so bad, it declined for the ninth consecutive month, according to a new study. And it's getting worse.
Unbeknownst to many, the gift for the 43rd anniversary of marriage is entertainment; to stretch it further, this fall marks the 43rd anniversary of a pivotal event in the history of the Federal Reserve and the U.S. economy.