Week Ahead Market Brief: October 26 – 30
Good morning, and happy Saturday. Central bankers are still talking about inflation. Markets are starting to worry about growth. The war with Iran is exacerbating global inflation pressures and pushing up borrowing costs, straining economies burdened with heavy debt loads and wide budget deficits, while a reversal in technology sector valuations is dimming prospects for corporate investment and consumer spending growth. Oil prices are holding near their highest levels since mid-April as markets hunker down ahead of possible strikes on Iran. Brent futures ended the week near $116 a barrel after a series of media reports and evacuation notices, along...