16 October 2018

1) Investors fear if oil prices continue rising, then inflation may very well rise also.

2) Saudi Arabia’s stocks have plunged over suspected murder of a journalist. Fears abound that Saudi Arabia’s foreign investments are in jeopardy as countries distance themselves from Saudi Arabia.

3) A wave of major medical company merges is causing concerns for the ultimate impact to patents and consumers.

4) 15 OCT 18    Stock   market   closings:

Dow                        25,250.55      down     89.44
Nasdaq                     7,430.74      down     66.15
S&P 500                    2,750.79      down     16.34

10 Year Yield:    up   at    3.16%

Oil:    $71.68   up   from    $71.51

Leave a Reply

Your email address will not be published. Required fields are marked *