7 November 2018

1) Ford Motor Co. is making great inroads in the Indian auto market after investing $2 billion dollars in India, such as opening 100 new dealerships in the last 18 months.  This has resulted in profits for the first time in a decade.

2) Chinese stocks are sending warning signals about China’s economy with stocks closing lower.  In a trade war, China was counting on its powerful domestic-consumption engine to provide protection for investors in the nation’s stocks, but that’s not working out so well.  China’s domestic consumer suppliers are reporting lower earnings than expected.  China’s consumers just aren’t spending as they had been.

3) 6 NOV 18     Stock market closings:

Dow                    25,635.01    up    173.31
Nasdaq                 7,375.96    up      47.11
S&P 500                2,755.45    up      17.14

10 Year Yield:    up   at    3.21%

Oil:     down   at    $61.78

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