Headlines discussed at LNWM’s Monday morning briefing:
— The S&P 500 finished the week down 4.1%, but rebounded on Friday after 6 days of losses.
— European stocks had their worst week since Feb., down 4.8% on concern about corporate earnings.|
— World output of oil and other petroleum products hit a record — over 100 million barrels — in Q3 2018.
— US bond yields moved in line with US stock prices for most of the week — down then up.
— The US dollar dipped but remains relatively high vs. most major currencies.
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.