Dealers report minimal flow and limited interest to trade with US markets closed for Presidents Day.
Fun Fact: President's Day never falls on the actual birthday of any American president. Four chief executives - George Washington, William Henry Harrison, Abraham Lincoln and Ronald Reagan - were born in February, but their birthdays all come either too early or late to coincide with Presidents’ Day, which is always celebrated on the third Monday of the month. (Source: history.com)
While we wait for the next market moving headline involving President Donald Trump, you may want to ponder:
25th President of the United States
William McKinley was an American politician and lawyer who served as the 25th President of the United States from March 4, 1897 until his assassination in September 1901, six months into his second term. McKinley led the nation to victory in the Spanish–American War, raised protective tariffs to promote American industry, and maintained the nation on the gold standard in a rejection of inflationary proposals.
With the assassination of President McKinley, Theodore Roosevelt, not quite 43, became the youngest President in the Nation's history. He brought new excitement and power to the Presidency, as he vigorously led Congress and the American public toward progressive reforms and a strong foreign policy.