Monthly ArchivesNovember 2018

October 2018 Update image

Monthly Recap October brought with it a return to volatility in the markets with the S&P dropping 10% at one point before closing the month down approximately 7%.  To recap, here are just some of the noteworthy events and stories from October: US treasury bonds slid to a multi-year high as the 10 year bond hit 3.20%, a level not seen since 2011 President Trump's first annual budget deficit climbs to a 6 year high.  As a result, the U.S. Treasury Department estimates it will issue more than $1 trillion in debt this year. The U.S. economy expanded at a 3.5 percent pace in the third quarter.  Consumer spending, which accounts for about 70 percent of the economy, unexpectedly accelerated to a 4 ...

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