By John Tierney 05-11-2019

What Investors Learned In October

(4 min read)
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Equity markets rode a rollercoaster during the first week of October. First there were several negative data surprises, but then they marched higher on solid earnings reports and better economic data. Indeed, much of October was about new developments that could lead to market-moving events in coming weeks and months. Early Market Jitters The first number of the month – the US ISM manufacturing purchasing managers survey – dropped sharply to 47.8 versus expectations of…

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