The Traderszone Network

Today’s financial recap and tomorrow’s financial outlook.

The FAA grants six companies exemptions from the ban on commercial drones, in a move that may open the floodgates for others.
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The stock market typically signals a recession long before the trouble is obvious. According to the National Bureau of Economic Research, the 16-month recession in 1973-74 began in November 1973. However, the Dow Jones industrial average peaked in January 1973, beginning a series of lower lows 10 months before the recession’s technical start. The bear market didn’t hit rock bottom until December 1974 — about 47% off the January 1973 high.

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Demand from consumers isn’t the only uncertainty companies face. Sometimes a firm can face hurdles in foreign countries where it does business. For Clorox (CLX), it’s cleaning up and moving on from unfavorable conditions in Venezuela. On Monday, the company announced it would shutter operations in the South American country and sell its assets.

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Investors are still betting on a rising stock market, but they’ve been doing so with less long-term conviction.

As of last year, nearly half of America’s middle-aged adults found themselves members, willing or not, of what’s been called “the sandwich generation,” so named because these people have a child below them and an aging parent above them. There are all sorts of theories about why families choose to bear as many (or as few) children as they do, but one suggestion is that parents tend to have more children so that there will be more people for them to rely on financially in their old age.

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Nike Inc. and Micron Technology Inc.

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