What does the stock market do around election day?
September construction spending rose 0.3 versus consensus of +1.0%.
The October final manufacturing PMI came in at 55.5 versus estimates of 55.6.
The October ISM manufacturing index was reported at 59.3 versus forecasts of 55.8.
Why there is no housing shortage.
Two major mall owners file for bankruptcy.
The FOMC meets this week; and these issues will be at the forefront of its discussions.
MMM good versus MMM bad.
Bottom line. The stock market is overvalued by any measure.
News on Stocks in Our Portfolios
Emerson Electric : Q4 Non-GAAP EPS of $1.10 beats by $0.16; GAAP EPS of $1.20 beats by $0.30.
UPS declares $1.01/share quarterly dividend, in line with previous.
AbbVie’s high dividend provides attractive income.
What I am reading today
Using the body as a gateway to the mind.
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