Institutional Investment & Fiduciary Services - October 8, 2018 Weekly Market Update

Published on

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

  • Global trade tensions eased somewhat last week after the U.S. and Canada agreed on a deal to replace the 24-year-old North American Free Trade Agreement (NAFTA)
  • The U.S. Department of Labor announced last Friday that seasonally adjusted nonfarm payrolls rose 134,000 in September, marking the 96th straight month that U.S. employers have added to their payrolls
  • With the Federal Reserve‚Äôs late-September decision to increase interest rates, the weighted average interest rate across developed economies passed 1% for the first time since 2009