Daily Archives: November 21, 2018

Mideast Stocks Are Outlier As World Regional Equity Markets Sink

The widespread selling in equity markets around the world has left most regions in the red for year-to-date performance, based on a set of exchange-traded funds as of yesterday’s close (Nov. 20). The conspicuous exception: stocks in the Middle East. The US market, which has fallen sharply in recent weeks, is holding on to a fractional gain for 2018, but the razor-thin increase is no match for the still-solid increase so far this year for markets in the Middle East
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Macro Briefing: 21 November 2018

Trump inclined to give Saudis a pass on Khashoggi killing: The Hill
Trump responds to special counsel over alleged Russian meddling: BBC
Stock market’s slide may be a warning on the economy: NY Times
China’s gov’t tells economists to consider state’s interests: Bloomberg
China expanding island-building in South China Sea, report claims: Reuters
Philippines signals closer ties with China: CNN
US GDPNow Q4 estimate slips to moderate +2.5% pace: Atlanta Fed
US housing starts rebounded in Oct, but annual change turned negative: HW