Closing Market Report 2/19/2018

The KUIK Closing Market Report for Monday, February 19:

Markets were closed in honor of Presidents Day.

Index

Direction

Change

Units

Index

Time

Change

Dow

Unchanged

points

7:55 AM

S&P500

Unchanged

percent

       1.00

Nasdaq Composite

Unchanged

percent

       9.00

30 Year Treasury

Unchanged

Basis Points

Annual Yield

Here’s a Brexit update. An increasing number of investors are preparing to cut their exposure to British assets even as the prospects of global growth have improved  according to State Street’s Brexometer Survey, a quarterly gauge of investor sentiment toward the economic impact of Britain leaving the EU. Of 102 professional investors, 24% said they’re looking  to reduce U.K. holdings in the next six months,  That’s up from 18% in the fourth quarter of 2017. Investors have grown more optimistic about the global economy, with nearly 55% of survey participants saying they hold a positive view on growth prospects over the next three to five years up from 40%.

Sign up for a  Social Security and Retirement Analysis at brcapitalinc.com/kuik. Serving the West Side first, I am Bill Roller for 1360 KUIK.

www.marketwatch.com/story/more-investors-looking-to-cut-uk-assets-as-brexit-uncertainty-persists-2018-02-16

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