The Monday Mix: October 15 – 21, 2018
Headlines discussed at LNWM’s Monday morning briefing:
— Sales of US existing homes fell 3.4% in Sept., the most in 2 years and down for the 6th straight month.
— The US stock market remains jittery on concerns about global growth, rising rates, geopolitical tensions.
— China continues to provide stimulus to its economy as GDP growth slows to worst pace in a decade.
— The US warned about foreign government interference in the US midterm elections Nov. 6.
— A new Dept. of Labor rule on the fiduciary duty of investment firms will not be ready until fall 2019.
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