And then there was one. The slow grind of selling in global markets this year has left the US equity market with the lone positive total return for the trailing one-year trend among the major asset classes, based on a set of exchange-traded products through last week’s close.
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Daily Archives: November 19, 2018
Macro Briefing: 19 November 2018
VP Pence’s tough talk on China fans fears of new Cold War: Bloomberg
EU tells UK that Brexit deal can’t be renegoitated: Reuters
UK’s May headed for political battle with party rebels over Brexit: AP
Northern California wildfire death toll rises to 77; 10,000 homes burned: KGO-TV
Anti-caravan protesters march in Tijuana, Mexico: SDUT
Skeptics question the yield curve’s predictive powers: Bloomberg
US mfg sector faces a shortage of skilled workers: MIT Technology Review
Vanguard: US core inflation to hold near 2%, possibly slipping in 2019: Vanguard
KC Fed Mfg Index points to stronger growth for sector in November: KC Fed
US industrial output’s annual growth decelerated to 4.1% in Oct: MW