Former US President Jimmy Carter dies

Former US President Jimmy Carter died today, he was 100.

Chip Carter, a son of the former president, said his father died about 3:40 p.m. on Sunday in his Plains home. Carter had been in declining health for some time. He was US President from January 20, 1977 – January 20, 1981.

Typically, a sitting US President declares a national day of mourning after the death of a former President and non-essential Federal workers are given the day off and stock and bond markets are closed.

Typically, this is 5-7 days after the death of a President so it could be somewhere in the Jan 3 – Jan 7 range. This last happened on On December 5, 2018, when markets were closed in observance of the national day of mourning for George H.W. Bush.

This article was written by Adam Button at www.forexlive.com.