Real estate investment trusts (REITs) in the US posted the biggest gain by far for the major asset classes last week, based on a set of exchange-traded products. By contrast, last week’s biggest loser: equities in emerging markets.
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Daily Archives: October 22, 2018
Macro Briefing: 22 October 2018
China criticizes Pompeo’s warning of hidden risks in Chinese investments: Reuters
US Treasury Secretary defends upcoming trip to Saudi Arabia: NY Times
Turkey’s president to reveal ‘details’ in killing of Saudi journalist: USA Today
Saudi Arabia: no plans for an oil embargo amid Khashoggi crisis: CNBC
Trump: US will pull out of decades-old nuclear arms treaty with Russia: CNN
Moody’s cuts Italy’s debt to one notch above junk status: Reuters
GOP leaders are clueless about Trump’s tax-cut plan: Bloomberg
US existing home sales slumped to three-year low in September: Bloomberg
China’s stock market surged for a second day on Monday: CNBC