Thursday, October 11, 2018

FRIDAY 10/12/18; KOSPI (South Korea) Jumps +1.5%; HSI (Hong Kong) Rallies +2.1%; BSE Sensex (India) Pops +2.2%; Global Stocks Rally to Finish the Losing Week; Q3 Earnings Season Kicks Off with the Banks; JPM; C; WFC; PNC; Import and Export Prices; Consumer Sentiment; Brent Oil Below 80; SPX Rallies +1.4%; INDU (Dow) Gains +1.2%; COMPQ Jumps +2.3%; NDX Leaps +2.8%; RUT Pops +1.3%; SOX Rallies +2%; KRE Collapses -2%

Global stocks are bludgeoned this week. President Trump blames the Federal Reserve for hiking interest rates too quickly. The president’s comments create further market angst.

[Blog text is redacted. Purchase the Daily Chronology of Global Markets and World Economics 2018-10 that explains the October stock market crash in real-time as it occurs.]

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