This article was originally published on ETFTrends.com.
By Nottingham Advisors While there were numerous theories behind the October sell-off in equities, weak economic data was not a culprit. Although perhaps softening a tad from earlier reports, by and large US economic data remains solid as evidenced by the third quarter’s 3.5% GDP growth rate. Cyclical indicators such as the Markit US Manufacturing PMI [...]
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