Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience


Best Dividend Stocks
Ex-Dividend Dates
High Yield Stocks
Screener
Strategies
Tools
Articles
Premium
Advisors
Guaranteed Income

charts trend pattern

News

Market Wrap for October 26: The Wall of Worry Starts to Grow

Aaron Levitt Oct 26, 2018


A lot about recessions comes down to a way of thinking and, right now, investors are in a bad mood. This week was once again a lesson in risk management for many traders. Continued questions about trade, the midterm elections, the Federal Reserve’s pace of interest rate hikes and the state of the economy weighed heavily on stocks. And as a result, investors sold shares across the board in a big way. The markets are showing a loss for the year.

Adding fuel to the fire was generally less than bullish data. Several key metrics in housing, industrial production and economic health came in less than expected. Economists have begun to blame the trade war with China and the continued sour trade environment for the reductions. While still positive, dipping data isn’t a good sign. This put traders on notice.

And with several bellwethers reporting less-than-expected guidance figures, some of investors’ fears have come true. The effects of the tax breaks might not be enough to extend the bull market further.

All in all, traders spent the week selling rather than buying, and markets ended up lower.

Be sure to check out our previous week’s Wrap here.

To read the Full Story, Go Premium or Log in

Popular Articles