ext weath jan2015 large

ext weath jan15m

 
Mostly cloudy

38°F

Shelton, WA

Mostly cloudy
Humidity: 93%
  • Sidewalks To No-Where May Be Going Somewhere!

    sheltoncityA city code requiring sidewalks (infill) for new construction or substantial remodels (50% improvement to existing building value) of a structure anywhere in the city was addressed by Public Works Director Greg Clark and Engineer Mike Michal. The team presented their ideas on how to… Read More +

  • 1
  • Chemical Leak At Port Of Olympia Leads To Evacuations

    olyfireA hydrogen peroxide leak in a water treatment plant at the Port of Olympia has led to evacuations at the port and surrounding businesses. KIRO-TV reports police and firefighters set up a quarter-mile evacuation perimeter after the leak happened around 12:15 Wednesday. The Department of Ecology says… Read More +

  • 1
  1. Daybreak
  2. Legislative Linkup
  • Lynch's Next Scripted Answer: 'You Know Why I'm Here'

    seahawksparadeA day after giving the same one-sentence response at Super Bowl Media Day, Seattle Seahawks running back Marshawn Lynch had another scripted answer to any questions. Lynch said "you know why I'm here" to every question except one. He stayed for five minutes. He came out to a podium instead of his original assigned spot on Wednesday.

    Read More
  • 1

Stocks Get Crushed: Time for ‘Seahawks Portfolio?’

b_250_0_16777215_00_images_obgrabber_2014-01_b4e6de64d0.jpgiStock/Thinkstock (NEW YORK) -- It’s been a rough week for your money. The Dow Jones Industrial Average fell every day this week with stocks sliding close to 600 points, the worst week for the industrial average since November of 2011. The Dow ended Friday’s session down 318 points, falling below the 16,000 mark to close at 15,879.11. The index fell 3.5 percent this week.

The other major averages also struggled and this week. The S&P 500 fell 2 percent Friday after having its worst week since last June, and the tech-heavy NASDAQ was off more than 2 percent.

So why are stocks falling out of bed in January after going up 30 percent last year?

Investors are worried about slowing economic growth in China and a host of other emerging markets. On top of that, there are concerns about the profit picture ahead for U.S. companies and fears about what will happen to stocks now that the Federal Reserve is winding down its economic stimulus program.

Still, despite this week’s sell-off and the rough start to 2014 most analysts are telling their retail clients to sit tight.

“Retail investors should do nothing at this point,” David Lutz, managing director at Stifel Nicolaus says. He adds that folks “should not panic and sell.”

But Veracruz’s Steve Cortes warns investors that in the near term they may want to “buckle up.” He says it’s time to have a Seattle Seahawks portfolio – that means defensive. For him a defensive portfolio is one that focuses on dividend stocks and U.S.-centric businesses. He adds that “2014 won’t be a repeat of the easy ride that was 2013.”

Copyright 2014 ABC News Radio

  1. Environment
  2. Recreation

Tweets

ghcdem
ghcdem - For Grays Harbor County Storm Assessment information for the January 2015 flooding and landslides please go to : co.grays-harbor.wa.us/info/DEM/Index…

4 hours ago

Seahawks
Seahawks - HOFer @WMoon1 & @MaxUnger60 preview #SB49 on #SeahawksAllAccess at 10:30p PT on @ROOTSPORTS_NW. *NFL Resticts Apply pic.twitter.com/UZqw0mzFKG

4 hours ago

wsdot_tacoma
wsdot_tacoma - Disabled vehicle on SB US 101 near Canal View St at mp 311. Alternating traffic in effect.

5 hours ago

wsdot_tacoma
wsdot_tacoma - Cleared: Collision on SB I-5 near Bridgeport Way at mp 126

5 hours ago

Public Notices