Veterans Day- We Remember
In the USA, Veterans Day annually falls on November 11. This day is the anniversary of the signing of the armistice, which ended the World War I hostilities between the Allied nations and Germany in 1918.
On the 11th hour of the 11th day of the 11th month of 1918 an armistice between Germany and the Allied nations came into effect. On November 11, 1919, Armistice Day was commemorated for the first time. In 1919, President Wilson proclaimed the day should be "filled with solemn pride in the heroism of those who died in the country's service and with gratitude for the victory". There were plans for parades, public meetings and a brief suspension of business activities at 11am.
Veterans day is one of those "in between" market days where Uncle Sam is off- but most markets choose to remain open. The bond market will be closed on Friday, Veterans Day, but the New York Stock Exchange and the Nasdaq will be open with normal hours. Markets for currencies and commodities will be open as well. But Veterans Day is a federal holiday, so government offices, including the post office, and banks will be closed.
As for us- we are thankful for those who have served- both those who gave their lives for our freedom, as well as those who served and returned home to their family and friends.
Here's a suggestion for a 2016 style Veterans Day observance- set the timer on your smartphone for 11 AM- and when it goes off- pray for a moment and thank God for those who have served and the freedom he allows us to live under in these United States of America.