hand holding a coffee cup and newspaper

The Monday Mix: Oct. 12 – 18, 2020

Headlines discussed at LNWM’s Monday morning briefing:

US retail sales jumped 1.9% in September, more than twice as much as expected; now back to levels seen pre-Covid-19.

The Consumer Price Index rose just 0.4% in September, and is up 1.4% for the past year, with no signs yet of US inflation rising toward 2% Fed goal.

The UK should prepare for a no-deal Brexit, PM Boris Johnson said; however, both the UK and the EU remain open to talks ahead of the Dec. 31 final deadline.

Pfizer said it may file by late November 2020 for emergency use of a Covid-19 vaccine it is developing jointly with a Germany company.

US industrial production fell 0.6% in Sept, the first drop after 4 months of gains; total output remains 7% below pre-Covid levels and capacity utilization is at 71%.

Disclaimer: Clicking on any of the above links will take you away from the Laird Norton Wealth Management web page and to the source page. While we believe the information in these articles is relevant, we cannot guarantee its accuracy or completeness.