Market Update Wednesday, April 15th

Dan Moylan, our Chief Investment Officer at Carlson Financial, comments on today’s market movers.  A few of the key points included: the largest drop on record took place for U.S. retail sales at 8.7% for March, the forecast of global oil demand is expected to fall by a record amount this year, there is negative sentiment in the market with banks reporting lower profits, we look for another large unemployment claims number tomorrow, and the established growth stocks in tech and healthcare sectors are holding up well on these down days.