November Comes to a Close

Today is the final trading day of November. This is an interesting week for financial markets. The ECB will meet later this week to lower interest rates which are already negative. This comes two weeks before the Federal Reserve may raise interest raise rates.

The central fact of world financial markets right now is that the U.S. and the rest of the world are out of sync. Nearly everything you see flows from that fact. Gold, for example, is headed for its biggest monthly fall in two-and-a-half years.

Later this week, we’ll get another jobs report. If it’s strong, the Fed will almost certainly go ahead with a rate increase.

About this time last year, Stryker (SYK) announced its dividend increase, so I think we can expect another increase soon.

The S&P 500 is currently down a bit. The index closed Friday at a three-week high.

Posted by on November 30th, 2015 at 12:46 pm

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