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Major Equity Indices All Posted Gains for the Third Quarter

Major Equity Indices All Posted Gains for the Third Quarter

Interest rates are heading higher as the Fed raised rates for the third time this year. Read our recap of the month of September. Highlights include:

  • Major equity indices all posted gains for the third quarter.
  • The OECD estimates U.S. economic growth at 2.9% for 2018, up from 2.2% in 2017.
  • Household equity is rising as mortgage debt is falling.
  • 623 U.S. companies announced bonuses, pay increases, and better benefits.

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