Volatility Continued in November
Volatility in the markets continued in November due to uncertainty surrounding trade, Fed rate hikes, and economic prospects. Read our recap of November’s economic and market activity. Highlights include:
- The U.S. is now the largest oil producer in the world.
- There were roughly 165 million Black Friday weekend store and online shoppers this year compared to 174 million last year.
- 10-yr. Treasury bond yields fell from 3.24% at the beginning of the month to 3.01%.
- Global oil prices declined sharply in November, with the domestic benchmark (WTI) falling 22% for the month.
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