Market News and Commentary – Wall Street Underground

By Nick Guarino | October 9, 2018

‘Extremely Dangerous’ Hurricane Michael Strengthens To Category 4 Storm


Fed’s Kaplan says he doesn’t expect a sudden spike in inflation. Haley announces she is resigning as UN Ambassador, says U.S. is respected again. Sales down 18% at VW, latest auto maker dented by emissions rules. Trump criticizes Fed rate increases again. Global financial stability risks rising with trade tensions, IMF says. HSBC to pay $765 million to settle U.S. mortgage securities mis-selling claim. WSJ: Britain, EU closer to Brexit deal. IMF warns some emerging-market countries could face ‘severely adverse’ capital outflows. These stories and more in today’s Market News and Commentary.

Market News and Commentary for October 9th has been posted. Click here to listen now.


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