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Feb 26


Death of A Salesman

Metlife (MET) is in talks to sell its network of 4,000 sales people to Mass Mutual Life Insurance.  A possible sale of MetLife’s army would sever ties with important contributors to the company’s rise as a nationwide giant. A decade ago the companies 14,000 agents would walk door to door to make sales and collect premiums. With inventions like the internet and online bill pay more people are turning to computers to buy insurance and make premium payments. The potential move is part of a larger movement by the company to slim itself down. The company decided in January to divest a large piece of its U.S life insurance unit to reduce a portion of the capital burden it expects to face with new regulations.


U.S manufacturing could be on the mend after suffering from a slowdown for the past year because of a stronger dollar, weak global demand, and declining commodity prices. On Thursday, the monthly durable goods, manufactured items which were meant to last at least three years, rose in January following the worst annual performance since the recession. Alongside a pickup in other key gauges of business investments, the report could be a signal the sector may be starting to turn the corner.


Asia: Asian markets closed higher on Friday as oil prices rallied.

Europe: European markets rallied on Thursday, as investors cheered on positive corporate earnings.

U.S: U.S stocks closed higher extending the previous day’s rally. DJIA: +212.30 16,697.29 S&P: +21.90 1951.70 NASDAQ: +39.60 4582.20

Word of The Day:

Preferred Stock

A class of stock issued by a company which typically pays a fixed dividend however, they do not have voting rights. In the event of a company bankruptcy’s preferred stock holders have the right to be paid company assets first.

Dinner or Drink:


1 oz. Rye

0.25 oz. Italian amaro

0.25 oz. fresh lemon juice

0.25 tsp raspberry preserves

1  dash(es) chocolate bitters

1 piece(s) lemon wheel(s)

Combine  Rye Whiskey, Italian amaro, fresh lemon juice, raspberry preserves and chocolate bitters into a cocktail shaker with ice.

Shake vigorously.

Fine strain into a chilled coupe glass.

Garnish with a lemon wheel.

Feb 25


Selfie Security

MasterCard announce its newest security feature called, “selfiepay”. Selfiepay, allows users through an app on their smart phones to take a selfie which is stored on MasterCard’s servers. Each time a customer goes to make an online purchase with their card they will prompted to take a selfie before completing the transaction, so the image can be digitally matched against the selfie on file. The company tested the new authentication last year in North America and the Netherlands. It now has plans to expand the feature to customers in 15 countries by the summer. [Continue reading...]

Feb 24


Not Feeling Royal…

Starbucks (SBUX) is under fire from its tribe after changing its loyalty program. The program will require customers to spend more to earn free treats and drinks. Under Starbuck’s current loyalty program a customer earns a star for each drink or treat they buy and if they are gold, they can receive a free treat after purchasing 12 drinks. Under the new system, which takes effect in April, a customer will receive two stars for each $1 spent however, it will take 300 stars to merely reach gold status, and then an additional 125 start to receive a freebie. The Starbucks tribe have taken their protest to social meeting. Threatening everything from switch over to Dunkin Donuts to calling the idea pretty stupid on Facebook. According to Starbucks the changes were made in response to customer feedback, and earning rewards will be just as fast or faster for gold-level members. For non-gold members it might mean taking a little longer to get the free treat. Shares of Starbucks closed down $0.41 on Tuesday.

Pay Up

Citibank (C) has been ordered to pay a $3 million penalty and provide nearly $11 million in consumer relief or refunds in a settlement with the Consumer Financial Protection Bureau. The allegation stem from the company’s debt collection practices and illegal debt sales. The bank was accused of selling credit card debt with inflated interest rates and failing to forward consumer payments promptly to the debt buyers. The debt sales involve portfolios of charged-off credit cards Citibank sold to buyers from 2010 to 2013. The debts, which the banks deemed unlikely to be repaid, were sold to debt buyers to try and collect the debt. Additionally, Citibank and two other debt collection law firms falsified court record filled in debt collection cases in New Jersey state courts.


Asia: Asian markets closed mostly lower on Wednesday as oil prices continued to decline.

Europe: European markets closed lower on Tuesday as declining oil and metal prices dragged down stocks.

U.S: U.S markets tumbled on Tuesday as the oil rally lost its fizz. DJIA: -16,431.78 S&P: 24.23 1971.27 NASDAQ: -67.02 4,503.58

Word of the Day:

Core Inflation

A measure of inflation that excludes certain items that could have temporary price which diverge from the overall trend in inflation and give a false measure of inflation.

Dinner or Drink:

Coffee Nip

3/4 oz. Vincent Van Gogh® Dutch chocolate vodka
1/4 oz. butterscotch liqueur
1/4 oz. hazelnut liqueur

Add all ingredients to a cocktail shaker with a few ice cubes. Shake and strain into a shot glass, and serve.

Feb 22


Welcome Home

On Monday, Bank of America (BAC) will roll out a new-mortgage product that will allow borrowers to make down payments of as little as 3% by avoiding private mortgage insurance, a product meant to protect mortgage lenders and investors from borrowers who may be at a higher risk of default. Bank of America’s new mortgage cuts the Federal Housing Administration out of the loan process. Instead the new loans are backed by a partnership with mortgage-finance giant Freddie Mac and the Self-Help Ventures Fund. After making a loan under the new program, Bank of America will sell it to Self-Help, which in turns sells it to Freddie Mac. If the mortgage defaults, Self-Help will take a big chunk of the losses so Freddie Mac doesn’t have to, allowing borrowers to avoid paying mortgage insurance. Self-Help will also counsel borrowers who struggle to pay, which the fund believes will help keep more people out of foreclosure.   [Continue reading...]

Feb 19


Please join us…

International Business Machines (IBM) has agreed to buy data company Truven Health Analytics Inc. for $2.6 billion. The move will expand IBM’s presence in the health-care industry by adding new technology services to sell to doctors and hospitals. The deal will double the size of IBM’s Watson Health unit to 5,000 employees. As with several other recent IBM acquisitions, the big prize is data, which the company will use to improve its Watson artificial-intelligence system. Shares of IBM rose $ 6.35, closing at $132.35. [Continue reading...]

Feb 18


Watch Me

Online ticket seller Fandango, part of the Comcast Corp (CMSCA) family, has agreed to buy Flixster and Rotten Tomatoes from Time Warner’s (TWX) Warner Brothers. The move will help solidify Fandango’s push to become a one-stop shop for movie fans, providing information about show times, tickets, reviews, entrainment news and a new video on-demand service to be launched later this year. The addition of Rotten Tomatoes and Flixster should grow Fandango’s monthly online audience to 63 million visitors.

Pay Here

In its newest effort for world domination, Apple’s (AAPL) Apple Pay will start operating in China this week. In an early boost for the online payment system, China’s biggest lender, Industrial and Commerce Bank of China, announced its customers will be able to use Apple Pay starting Thursday. Besides the bank, 19 other Chinese lenders are expected to become Apple pay partners enabling 80 percent of China’s credit and debit card to become eligible for the service.


Asia: Asian share closed mostly higher on Thursday as oil prices continue to rise.

Europe: European stocks rallied on Wednesday, aided by gains in the embattled commodes and banking sectors.

U.S: U.S. markets closed higher for the third day in a row Wednesday. Corporate earnings and a potential cap on oil had investors feeling like buying everything in sight. DJIA: +257.42 16,453.83 S&P: +31.24 1,926.82 NASDAQ: +98.11 4,534.07

Word of The Day:


A term which refers to the possibility of Britain’s withdrawal from the European Union.

Dinner or Drink:

Sundown Sangria

1 bottle Cabernet Sauvignon red wine
4 oz. peach brandy
8 oz. triple sec
1 3/4 orange juice
4 Fresca® citrus soda
1/2 cup caramelized sugar
5 red apples
5 yellow peaches

Use a 1 gallon pitcher when making this drink. First add the entire bottle of wine followed by the 4 ounces of peach brandy and the 8 ounces of triple sec. Then add 1 and 3/4 cups of orange juice and four cans of Fresca. You will need to caramelize your sugar (1/2 cup) then add it to your drink while stirring it. If you forget to stir it, the drink will fizz and get everywhere. Mince 5 red (or green) apples and dice 5 peaches and add them to your drink. Once you cut the apples, make sure you put them right into the drink before they start to turn brown. Chill the drink and let it sit over night before you serve it to your guests. Usually you would serve it in a punch bowl, but leaving it in the pitcher is also good. Stay away from certain fresh fruits you may want to put in the drink, such as lemons, limes and oranges, as they tend to get slimy.

Happy Wine Day!!!

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Feb 17


Bag Alert….

General Motors (GM) will recall about 200,000 Saab and Saturn cars in the U.S. and Canada in order to replace air bag inflators made by Takata. Inflators inside the Takata made air bags can explode with too much force in a crash and hurl metal shrapnel at drivers and passengers. The recall includes model years 2003 to 2011 Saab 9-3, model years 2010 and 2011 Saab 9-5, and 2008 and 2009 Saturn Astra. Owners will receive letters notifying them of the recall however, parts are not yet available so drivers will have to wait for a second letter before taking their cars to the dealers.

Welcome To The Family

Apollo Global Management has agreed to buy home security services company, ADT, for $6.94 billion. Shareholders will receive $42 per share, a 56 percent increase over Friday’s closing price of $26.87. The company will merge with a subsidiary of Prime Security Services Borrower LLC, operated by Apollo. The combined company will operate under the ADT brand and will be based in Boca Raton, Florida. The deal, which still needs approval from ADT’s board, is expected in to close in June. Shares of ADT surged almost 50 percent in trading on Tuesday.


Asia: Asian shares closed mixed on Wednesday as investors digested a potential “freeze” on oil output.

Europe: European markets closed mostly lower on Tuesday after commodity prices declined and mixed earnings news offset positive sentiment.

U.S: U.S. markets closed higher on Tuesday helped by the financial and consumer discretionary sectors. DJIA: +222.57 16,196.41 S&P: +30.80 1,895.56 NASDAQ: +98.44 4,435.96

Word of The Day:

Consumer Discretionary

A sector of the economy which consists of business that sell nonessential goods and services, like retailers, apparel companies, media companies, and automobiles.

Dinner or Drink:

Spring Fling

1 – 2 oz. Seagram’s® Extra Dry gin

6 oz. lemon-lime soda

6 oz. cranberry juice

Pour in the Gin over two ice cubes. Then pour in the Cranberry Juice, then the soda. Kind of a fruity taste but very smooth and drinkable over a long period of time.

Like our drink today, click here for more.


Feb 16


Sound The Alarm

Private-equity firm Apollo Global Management could be nearing a deal to buy home-security company, ADT (ADT). Exact terms of the anticipated takeover have not been released however, with a $4.4 billion value as of Friday, the deal could value ADT at $5 billion. The deal, which could be announced as soon as Tuesday, would signal market volatility hasn’t deterred takeover activity. Shares of ADT jumped $14.23 in pre-market trading.


In an attempt to boost investor confidence, Deutsche Bank announced Friday it will buy back $5.4 billion of its debt. The announcement came at the end of a volatile week for the bank and its stock price. Deutsche bank had been hit harder than most of its peers as investors worried about the bank’s capital buffers, the cost of litigation, and the extent of the banks abilities to profit amid shaky market conditions. Investors seemed to like the German banks idea as shares climbed 12% on Friday.


Asia: Asian markets rallied on Tuesday as oil prices continued to rise.

Europe: European markets closed sharply higher on Monday after ECB president, Mario Draghi, said the central bank is ready to ease in March.

U.S: U.S. markets rallied on Friday as oil prices bounced higher and economic data showed consumers spend more money in January. DJIA: +313.66 15.973.84 S&P: 35.70 1,864.78 NASDAQ: +70.68 4,337.51

Word of The Day:

Business Cycle

The fluctuations in economic activity an economy experiences over a period of time.

Dinner or Drink:

Fire Starter

1 1/2 oz. vodka
1 oz. triple sec
1 oz. peach schnapps
1 oz. sloe gin
1 1/2 oz. Coca-Cola®


Pour all ingredients into a highball glass filled with ice cubes. Stir well, and serve

Feb 11


Hot Dog

Miami-based fast food chain, Burger King, announced it will add hot dogs to its food lineup staring February 23. The company calls the launch “the most obvious” ever citing the ability to flame-grill meat makes hot dogs a natural fit. Customers can pick from either the classic hot dog which will be topped with ketchup, mustard, chopped onions and relish or a chili cheese version. The moves comes as Burger King faces intensified competition from its competitors like McDonald’s, who now offers breakfast items all day or Wendy’s (WEN) which now offers a 4 for $4 deal.

Sunny California

New York- based, JetBlue Airways Corp., is launching a subsidiary in Silicon Valley to help develop new technology ventures in the travel and hospitality sectors. The new JetBlue Technology Ventures is the first corporate venture capital unit in Silicon Valley backed by a U.S. airlines. The unit will focus on using technology in three areas: making passenger and employee experiences better, better usage of the massive amounts of data airlines acquire, and improve airline operations and logistics. Shares of JetBlue closed slightly higher on Wednesday.


Asia: Asian markets closed mostly lower on Thursday as global investors digested Janet Yellen’s comments about a possible slowing U.S economy and the continued decline of oil.

Europe: European shares closed higher on Wednesday after investors started to think European banks may not actually be in trouble.

U.S: U.S. stocks closed mostly lower on Wednesdays as investors digested lower oil prices and comments from Fed head Janet Yellen’s testimony. DJIA: -99.64 15,914.74 S&P: -0.35 1,851.86 NASDAQ: 0.0% 4,283.59

Word of The Day:

Black Swan

An event or occurrence that is beyond what is normally expected from a situation and which would have been difficult to predict.

Dinner or Drink:

California Dream

2 oz. tequila
1 oz. sweet vermouth
1/2 oz. dry vermouth
1 maraschino cherry

In a mixing glass half-filled with ice cubes, combine the tequila, sweet vermouth, and dry vermouth. Stir well. Strain into a cocktail glass and garnish with the cherry.

Feb 10


If you wish upon a star…

Walt Disney Co reported quarterly earnings on Tuesday. The company posted its largest quarterly earnings ever in the first quarter aided by the global success of “Star Wars”. The company reported its earnings jumped to $ 1.73 a share up from $1.27 a share in the same quarter last year. Revenu grew 14% to $15.24 billion beating analyst estimates of $14.79 billion. The company’s studio entertainment business surged in operating income while media networks, like ESPN, saw a drop in operating income as consumers continue to cut the cord with cable. Despite better results shares of Disney fell 1.9% in after-hours trading as investors continue to worry how ESPN will woo customers who are moving away from cable.

Blue Light Special

After a challenging holiday season, Sears Holding (SHLD) will accelerate the closure of Kmart and Sears stores nationwide. While the critical holiday quarter overall sales were better compared to the previous three quarters, overall same-store sales fell 9.2 percent in 2015. Sears said Tuesday it will close around 50 stores in the next few months however, the company did not provide a list of locations.


Asia: Asian markets closed down on Tuesday as banking and commodities stocks continued to get hammered.

Europe: European markets closed lower on Tuesday as investors ran away from banks and towards the sidelines.

U.S: U.S. stocks closed flat on Tuesday after a wild trading session. A rally in the materials sector offset losses in the energy sector. DJIA: -14.99 4,268.76 S&P: -1.08 1852.36 NASDAQ: -14.99 4,268.78

Word of The Day:

Inverted Yield Curve

An inverted yield curve is created when long-term debt instruments, like bonds, have a lower yield, than shot-term debt instruments off the same credit quality. This type of yield curve is the rarest of the thre three types of curves and is considered to be a predictor of economic recession.

Dinner or Drink:

Closing Time Kool-Aid

4 oz vodka
4 oz Blue Curacao liqueur
4 oz DeKuyper® Cheri-Beri Pucker schnapps
4 oz triple sec
4 oz 99 Apples® apple schnapps
8 oz Kool-Aid®

Mix in pitcher with ice. Pour into glasses.

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Feb 9


Break Time

On Monday, Chipotle Mexican Grill closed all of its roughly 2,000 restaurants for several hours so that its workers nationwide could tune into a meeting with executives in Denver, who explained the company’s new procedures for keeping pathogens out of its food.  The company also announced it plans to set aside up to $10 million to help local growers meet its new food-safety standards. The move comes as the casual fast food chain recovers from disease outbreaks tied to its food last year. Last week the Centers for Disease Control and Prevention declare an end to the two E.coli outbreak, saying it was unable to identify an ingredient responsible for either outbreak however, an article last week in the Wall Street Journal cited the cause of the larger outbreak was beef imported from Australia.


Two more car makers announced recalls for defects on Monday. Mazda announced it will recall some of its SUVs because the fuel filler pipe can rupture in a rear crash and cause a gas leak and possible fire. The recall covers model years 2014 and 2015 CX-5 SUVs. The problem was detected in crash testing and currently there are no reports of injuries or fires caused by the issue. Dealers will remove a bolt on the left side of the pipe, redirecting the rear crash impact to prevent ruptures in the pipe. Honda also announced a recall of its newly redesigned Civic compact cars in the U.S. and Canada due to the engine failing and stalling while driving. The recall affects 2016 Civics equipped with 2-liter-four-cylinder engines. According to documents filed by Canadian safety regulators, a circular clip around the pistons may by missing or improperly installed at the factor causing a pin on the piston to rub against the engine block and possibly cause an engine failure or fire. Honda dealers in the U.S will not sell any of the affected cars until they have been repaired.


Asia: Asian markets tumbled after a negative handoff from Wall Street. China markets are closed this week for the New Year holiday.

Europe: European markets tumbled on Monday after commodity prices continued to decline and Friday’s mixed unemployment data.

U.S: U.S markets closed down on Monday as global concerns continued to weight on investors. DJIA: -177.92 16,027.05 S&P: -26.61 1,853.44 NASDAQ: -79.39 4,238.75

Word of The Day:

Socially Responsible Investment (SRI)

An investment is considered socially responsible due to the nature of the business the company conducts. Social responsible investments include companies that engage in environmentally sustainable and alternative energy/clean technology efforts.

Dinner or Drink:

Mexican Blonde

1 1/2 oz. light rum
1/2 oz. Kahlua® coffee liqueur
1/2 oz. Orange Curacao liqueur
1 oz. cream

Shake all ingredients with ice, strain into a chilled cocktail glass, and serve.

Feb 5


Workin For  A Living

On Friday, the Department of Labor released its monthly jobs report. According to the report the economy added 151,000 jobs in January and the unemployment rate is 4.9%.


Twenty major companies-including Amex, Macy’s, and Verizon- have banding together to use their collective data and market power in an effort to hold down insurance costs. The newly formed alliance of companies, which covers about four million people, plan to share information about their employee’s health spending and outcomes, with the purpose of using the finding to change how they contract for care. Ultimately the companies could use their collective power to negotiate lower fees, or change the relationship with insurance administrators and drug-benefit managers.  The move could ripple through the world of employer-provided health coverage and possible bring change to the way big business manages it health care costs.


Asia: Asian markets closed mostly lower on Friday as the higher yen took its toll on exporters.

Europe: European markets closed down on Thursday after Asian stocks continued their decline.

U.S: U.S shares closed higher, led by gains in industrial and materials stocks. DJIA: +79.92 16,416.58 NASDAQ: +5.32 4,509.56 S&P: +2.92 1,915.45

Word of The Day:

Discouraged Worker

A person who is able and eligible for employment, but is currently unemployed and has not attempted to find employment in the last four weeks. Discouraged works usually give up on searching for a job because they found no suitable employment options or were met with a lack of success when applying.

Dinner or Drink:

Snap, Crackle, Drop

1.5 oz. Don Julio Reposado Tequila

7 dashes Angostura bitters

4 twists Freshly ground black pepper

1 Lime wedge

Pour the tequila into a shot glass.

Stir together the bitters and pepper on a saucer until they form a paste and coat one side of the lime wedge with the mixture.

Take a bite of the lime and then sip the spirit.

Like our drink today, click here for more.

Have a safe and wonderful weekend, Ya’ll!


Feb 4



Automaker Toyota announced it would discontinue its Scion brand after years of slumping sales. Scion was formed in 2003 in an attempt to attract younger buyers. Scion was known for its funky designs and was used by Toyota when the company wanted to try out new kinds of marketing, like pop-up test drives at the mall, or no- haggle prices. The company will keep several Scion vehicles in their line up however, they will rebranded as Toyotas. Toyota’s decision to kill off the Scion brand will have minimal impact on dealers and owners. Scion, which only sold vehicles in the U.S., Canada, and Puerto Rico, has no stand-alone dealerships and Toyota dealerships nationwide will continue to service Scion cars.

Gone Fishing

Delta Air Lines announced Wednesday its chief executive Richard Anderson will retire in May and become executive chairman of the board. During his tenure Mr. Anderson put the pieces of the airline back together stitching together a global route network by buying stakes in foreign airlines, purchasing an oil refinery and wowing customers with its sunny, non-union agents and flight attendants. The company at one point had an unprecedented 161 days of no canceled flights, excluding its commuter affiliates. Ed Bastaian, Delta’s longtime president, will succeed Mr. Anderson as CEO.


Asia: Asian markets closed mostly higher after a positive hand off from Wall Street and surging oil prices.

Europe: European markets closed down for the third session in a row, on the heels of another volatile session in Asia.

U.S. U.S stocks closed mostly higher on Wednesday helped by an 8% jump in oil prices lifted the energy and material sectors. DJIA+182. 82 16336.52 NASDAQ: -12.71 4,504.24 S&P +9.52 1912.55

Word of The Day:

Treasury Bond/T-Bond

A fixed-interest, tradable U.S government debt security with a maturity of more than 10 years. Treasury bonds pay semi-annual interest payments and the income received is taxed only at the federal level.

Dinner or Drink:

Ticket to Fly

1/4 Bacardi® white rum
1/4 Smirnoff® vodka
1/4 Jose Cuervo® gold tequila
1/4 triple sec
pina colada mix
grenadine syrup


In a blender, Mix the Rum,Tequila,Vodka and Triple Seq together.

Next add enough Pina Colada mix to fill the blender half way. Then add just enough grenadine to give the drink a slight pinkish coloring.

Finally add ice and mix everything in the blender.


Feb 3


Jobs, Jobs, Jobs

Payroll giant ADP released their monthly jobs report on Wednesday. According to the report the private sector added 205,000 in January beating analyst estimates. The ADP report is the first stop on the jobs train. Next stop Friday’s Non-Farm Payroll report.

For Sale

Yahoo surprised investors on Monday announcing they will consider strategic alternatives aka Yahoo is for sale. The company also announced it will cut more than 1,600 jobs or 15% of its workforce and close operations in five cities across the nations. CEO Marissa Mayer remains deeply committed to turning around Yahoo. The job cuts and sale came after Yahoo reported a bleak fourth quarter report card, which included a $4.5 billion charge to write down the value of the company’s businesses including Tumblr. Shares of Yahoo, like the overall markets, closed lower on Tuesday.


Asia: Asian stocks continued their fall on Wednesday after a negative handoff form Wall Street.

Europe: European markets closed sharply lower on Tuesday as concerns over oil downward decline.

U.S: U.S stocks plunged on Tuesday as renewed declines in oil prices and earnings reports weighted on investors. DJIA: -295.64 16,153.54 NASDAQ: -103.42 4,516.95 S&P: -36.35 1,903.03

Word of the Day:

Quarterly Earnings Report

A report filed quarterly by public companies to report their performance. Earning reports include net income, earnings per share, earnings from continuing operations and net sales. Reports are filed following the end of each of each quarter.

Dinner or Drink:

Birthday Cake

1/3 Malibu® coconut rum
1/3 vanilla vodka
1/3 lemonade

Mix it all.

Feb 1


Low Growth

According to the Commerce Department the U.S. economy slowed sharply in the final three months of 2015. Forecasters expect growth in 2016 to rebound and grow at a moderate pace. The government’s first read of growth in the last quarter of 2015 grow the ecconomy expanded at a slower rate as American households curbed spending and corporations reduced capital investment. GDP (Gross Domestic Product) increase at an annualized rate of 0.7 percent in the last three months of the year compared to a 2 percent increase in the prior quarter. The tally is only an initial projection, with additional updates coming in the next two months as more data comes rolls in.

Vote of Confidence…

According to the University of Michigan’s monthly Consumer Sentiment report American consumers lost confidence in January. The university’s index of consumer sentiment, released on Friday, showed sentiment slipped to 92 in January down from 92.6 in December. The same time a year ago the index stood at 98.1. According to the university the loss was a result of household wealth eroding after last month’s stock market tumble, as well as the prospect of economic weakening.


Asia: Asian markets closed mostly lower on Monday after data showed a continued slowdown in China.

Europe: European shares soared on Friday after the Bank of Japan adopted negative interest for the first time.

U.S: U.S. markets closed higher on the last trading day of January after oil prices rose and the Bank of Japan attempted to spur its economy with negative interest rates. DJIA: +396.66 16,466.30 NASDAQ: +107.28 4,613.95 S&P: +46.88 1,940.24

Word of The Day:

Monetary Policy

The actions of a central bank, currency board, or other regulatory committees which determine what the size and growth rate of a countries money supply, in turn affecting that countries interest rates. Monetary policy is maintained by increasing or decreasing interest rates or changing the amount of money banks need to keep in their vaults (aka bank reserves).

Dinner or Drink:

2 oz. vodka

1 oz. dry vermouth

1 oz. sweet vermouth

2 oz. orange juice

2 oz. Sprite® soda

Mix vodka, dry, and sweet vermouth in a cocktail shaker, then shake with ice cubes thoroughly. Add a shot of orange juice to a whisky glass and fill halfway with lime soda. Pour the martini-like mix into the glass, including some ice, then stir the drink. Garnish with an orange slice, cherry, or other citrus fruit.

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