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1.Market Observations, 2.Economic forecasts, 2.share trading, 8.Was Sticky

5 Aug 2019 (AFR) – Wall Street stocks fall most since December, bonds gain

(5 August 2019, AFR, p21, Jonathan Shapiro)

Dow Jones Industrial Average weekly - largest fall this year (Brainy)

Dow Jones Industrial Average weekly – largest fall this year (Brainy)

‘Wall Street’s main sharemarket indices registered the largest weekly falls of the year while bond rates plunged the most in seven years, after a dramatic week of central bank disappointments, unexpected trade war tweets and solid jobs data. On Friday, July US non-farm payrolls showed a solid gain of 164,000, raising doubts about whether the Federal Reserve’s anticipated September rate cut was a ‘done deal’. ‘

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