Financial Review
Hurricane Truth
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:13:15
- More information
Informações:
Synopsis
…CPI in a sweet spot. Fed will still hike rates. Spending bill might avert shutdown. China-US trade talks: no guarantees. Emerging markets still warrant attention. Trump’s Maria lie. Hurricane Flo arrives. Hurricanes do not stimulate the economy. Financial Review by Sinclair Noe for 09-13-2018 DOW + 147 = 26,145 SPX + 15 = 2904 NAS + 59 = 8013 RUT – 1 = 1714 10Y un = 2.96% OIL – 1.56 = 68.81 GOLD – 5.20 = 1201.90 Apple climbed 2.4 percent and Microsoft added 1.1 percent. Technology companies slumped last week as investors worried about the prospect of heavier regulation for companies like Facebook and Alphabet. The sector has bounced up and down this week, and it is about 1 percent away from the all-time high it set in late August. Qualcomm rose 4 percent after it announced a $16 billion share buyback program. Other chipmakers including Skyworks and Broadcom also rose. They stumbled a day earlier. Flipping the switch, Advanced Micro Devices which jumped 7% yesterday, started today in the green but then reve