FYI: Readers – Please note this is our last weekly market recap! For more info please see this post as well as information for subscribing to future recaps if there is general interest.
To the greater readership, thanks for following along over the years and best wishes for success in the future!
A rather quiet week on the news front as the same daily rumblings and hopes about a U.S. – China trade deal that have gripped the market for over a year, continued yet again. A flock of Federal Reserve members came out to opine about the economy – some content with where rates are, while others wanting more cuts. The impeachment situation was more of a sideshow as a two thirds majority in the Senate to remove is never going to happen.
While this is probably a negotiating tactic on Friday it was reported the White House is considering limiting U.S. investment into China, including a possible delisting of Chinese companies from U.S. stock exchanges.
Regards,
Ted
https://www.stocktrader.com/2019/09/30/weekly-stock-market-recap-sep-29th-2019/
