Stocks fell for a third straight week as investors gauged the health of the U.S. economy and its impact on future monetary policy.
Month: October 2019
October historically has been a volatile month but also the third strongest month of the year for the S&P 500 Index
Stocks searched for direction this week as investors digested news of political tensions and signs of trade progress.
The U.S. economy continues to perform well when compared to the rest of the developed world, and is still exhibiting growth near its long-term trend. The outlook in other developed economies is not quite as bright, however, as unconventional and aggressive policy decisions from global central banks are becoming increasingly ineffective.