
November 19, 2018 Weekly Economic Update
In this week’s recap: a bit more inflation pressure, a big fall retail sales gain, another setback for light sweet crude, and a down week on Wall Street.
In this week’s recap: a bit more inflation pressure, a big fall retail sales gain, another setback for light sweet crude, and a down week on Wall Street.
Despite the poor start to the fourth quarter, the Equity Trend Model stayed positive year-to-date and on a one year basis up 4.98% and 6.75% respectively.
Volatility will always be around on Wall Street, and as you invest for the long term, you must learn to tolerate it. Rocky moments, fortunately, are not the norm.
In this week’s recap: home sales lag, retail sales barely improve, new Fed minutes discuss staying the course, and major equity indices advance.
Equity Trend followed up its strong strong month in August with a positive return for September gaining 1.27%.