Notes You Need for May 16: Car sales, commodity demand from electric cars, retail sector job losses, WannaCry cyber attack, Angela Merkel’s fortunes, Treasury investigation focus on Goldman

Notes You Need for May 16: Car sales, commodity demand from electric cars, retail sector job losses, WannaCry cyber attack, Angela Merkel’s fortunes, Treasury investigation focus on Goldman

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Back to normal–and the market gets earnings news to worry about

Back to normal. The United States won’t default. The federal government is open again—including the Panda cam at the National Zoo. And once again earnings count. Which at least for the day isn’t good news for U.S. stocks—at least not for the Dow Jones Industrials. I think we’re seeing three themes that are likely to be major drivers of the U.S. market as we move through the meat of earnings season