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Stock Oct 2017 - "What's Ahead for the U.S. and Global Markets in Q4 2017”

Stock Oct 2017 - "What's Ahead for the U.S. and Global Markets in Q4 2017”

Stock Oct 2017 - "What's Ahead for the U.S. and Global Markets in Q4 2017”

Excerpt


What's Ahead for the U.S. and Global Markets in Q4 2017



The U.S. equity markets ended the third quarter of 2017 seemingly impervious to acts of nature, as major Hurricanes Harvey and Irma hit Texas and Florida, as well as to escalating tensions between North Korea and the Trump White House. Other issues that potentially affect the markets include possible changes to the Federal Reserve’s leadership and to the Fed’s monetary policies. One major issue – funding the U.S. government – was resolved when President Trump resisted the die-hards in the GOP, including his own Treasury secretary, to side with Democrats in support of a deal that will raise the debt ceiling, continue to fund the government into December, and ensure passage of disaster relief funding to aid victims of the recent hurricanes and floods.


 



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