For Christians, it’s a time to celebrate the resurrection of Jesus Christ.
For Jews, it’s a time to commemorate the liberation of their ancestors from slavery.
For everyone else, it’s just a long holiday weekend that begins this morning.
But the practical effect is that most stock, bond, and futures markets are closed for all or part of the day today.
I hope that you make good use of the time off regardless of your beliefs. I’m personally looking forward to spending some extra time with my family and friends, getting several miles of bicycling in, and maybe going for a dip in the pool or the ocean.
Because of the spring holiday, we won’t be sending you an afternoon edition today. Our regular publication schedule will resume on Monday. Until then, enjoy the holiday!
Until next time,