Weekly Market Update - December 3, 2018

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

  • Investors cheered last Wednesday as Federal Reserve Chairman Jerome Powell made remarks that many interpreted as representing a more dovish interest rate outlook by the Fed
  • Facing the headwind of rising mortgage rates, the U.S. housing market showed further signs of slowing as summer turned to fall
  • Online sales were a driving force over the Thanksgiving holiday weekend