Jim Lowell on Expansion as Per the Beige Book | NECN Market Analysis

Beige Book Data Indicates Modest, Moderate Expansion

Adviser Investments’ Chief Investment Officer Jim Lowell has the market analysis for Wednesday, December 5. U.S. stock indexes closed today for a national day of mourning to honor former President George H.W. Bush. The majority of international indexes declined, with the Nikkei, Shanghai-Composite and Euro STOXX down 0.5%, 0.6% and 1.2%, respectively. Meanwhile, the Federal Reserve released December Beige Book data, with 10 of the 12 Federal Reserve districts reporting modest or moderate economic expansion during the period from mid-October through late November.

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