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NASDAQ Composite: 6623.6567 (-0.3477 - -0.0052%)
10/17/2017, 5:15pm
S&P 500: 2559.36 (+1.72 - +0.07%)
10/17/2017, 5:04pm
RUSSELL 2000 INDEX: 1497.498657 (-5.182495 - -0.344883%)
10/17/2017, 4:30pm
FTSE 100: 7536.02 (+19.85 - +0.26%)
10/18/2017, 8:11am
DAX: 12995.06 (-8.64 - -0.07%)
10/17/2017, 5:44pm
CAC 40: 5361.37 (+0.00 - +0.00%)
10/17/2017, 6:05pm
Nikkei 225: 21363.05 (+26.93 - +0.13%)
10/18/2017, 3:15pm
HANG SENG INDEX: 28675.36 (-22.13 - -0.08%)
10/18/2017, 2:56pm
  • Asia shares camp near peaks, China's Xi talks reform and stability
    SYDNEY (Reuters) - Asian shares consolidated recent gains and currencies kept to tight ranges on Wednesday as the opening of China's Communist Party conference produced more in the way of aspirational politics than concrete policies.
  • McDonald's South Korea office raided in burger probe: reports
    SEOUL (Reuters) - South Korean investigators raided the Seoul office of McDonald's Corp on Wednesday, following a series of complaints that children fell ill after eating hamburger patties alleged to have been undercooked, Yonhap News Agency and other media said.
  • George Soros foundations now control $18 billion: reports
    NEW YORK (Reuters) - Investor George Soros has transferred about $18 billion, the majority of his estimated fortune, to his Open Society Foundations, making them the second largest philanthropic grant-making group in the United States, according to media reports on Tuesday.

The Bull LivesDonEdwards web

The stock and bond markets both produced gains during the third quarter as investors continue to be optimistic about the U.S. economy.  Corporate earnings remain strong and inflation remains low.  Both factors combine to produce a good economic environment for the capital markets.

The third quarter was notable for producing two devastating hurricanes, Harvey and Irma.  Combined, these two storms caused an estimated $290 billion in damage to Texas and Florida.  Lost economic activity is likely much more than this.  This is the first time in history that two category 4 or higher hurricanes have hit the U.S. mainland in the same year.  One in every seven cars in the Houston area was destroyed by Harvey and 25% of all homes in the Florida Keys were destroyed by Irma.  The damage done and the lives affected by these two storms is truly remarkable.  We have many clients in both Texas and Florida.  Fortunately, all made it through the storms with no physical injuries and relatively minor property damage.

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