Market Updates 05/11 – 9/11
So the impact re the Trump tweet is done? Ok back to basics, 3Q18 #’s are coming out, some have been awful i.e. the airlines, some have been great i.e. the petrochem/energy players. Banks were meh at best, though that’s a sector issue given the country’s demographics and the declining nature of non-interest income. What’s been catching my eye has been the declining volumes in the market (and that the small IPOs aren’t popping anymore).