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Succinct Summation of Week’s Events 11.1.19

From ritholtz.com

Succinct Summations for the week ending November 1st, 2019 Positives: 1. One less terrorist in the world: US Special Forces kills ISIS founder and leader Abu Bakr al-Baghdadi 2. Non-farm payrolls rose 128k m/o/m, above the expected increase of 90k. 3. Real GDP came in at an inflation adjusted 1.9% for Q3, above the expected 1.7%. 4. Unemployment rate came in at 3.6%, meeting expectations. 5. Personal income rose 0.3% m/o/m, meeting expectations. 6. Pending home sales index rose 1.5%, above the expected increase of 0.7%. 7. Same store sales rose 4.5% w/o/w, above the previous increase of 4.3%. Negatives: 1. Chinese ... (full story)

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  • Category: Fundamental Analysis