Institutional Investment & Fiduciary Services - June 25, 2018 Weekly Market Update

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This Weekly Market Update from Gallagher Fiduciary Advisors, LLC revisits key investment headlines from last week:

  • German auto manufacturer Daimler AG became the first to issue a profit warning as a result of the continuing trade tensions between the U.S. and China and retaliatory tariffs on U.S. auto imports
  • Last week MSCI Inc. announced that it will add Argentina and Saudi Arabia to its equity index of developing nations
  • The Organization of the Petroleum Exporting Countries (OPEC) reached a preliminary agreement to boost oil production, achieving a last minute compromise