The slide in global markets in recent weeks has cut prices near and far, but the steepest declines for the trailing five-year return – a proxy for the value factor – are still linked with the dive in commodities. That was true for the deep-value list in October and the profile is intact in today’s update, which reflects trading through yesterday (Nov. 14).
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Death toll rises to 56 in Northern California’s fire: NBC
Liability costs from California fires threaten electric utility PG&E: CNN
China outlines trade concessions to US ahead of G20 meeting: Bloomberg
Two UK ministers quit after May announces cabinet backs Brexit deal: Reuters
Israel’s political turmoil creates challenges for US Mideast peace plan: Bloomberg
Fed Chairman Powell is “happy about the state of the economy right now”: MW
Business inflation trend in Nov ticked down to annual 2.2% pace : Atlanta Fed
US consumer inflation trend edged up in Oct as core inflation slipped: MW