Monday, Feb. 16, 2009, Equity and Fixed Income Market will be closed in honor of President’s Day.
Friday, Fixed Income markets will close early and many traders will depart for a much-needed long weekend. Many times a holiday-lengthened weekend results in low trading volume across all markets on the Friday before; and we would expect this to be true on this holiday. This does not necessarily mean markets will not move greatly; only the true direction of the markets can be exaggerated by a few small players.
Our office will be closed on Monday as well. JK