Bassanese Bites: Cautious optimism – October 21 2019

Global equities ground higher again last week reflecting ongoing hopes with regard to US-China trade discussions, encouraging US earnings reports, and a new UK-EU Brexit deal. The S&P 500 is only 1.3% away from a new record high!

Both the US and China are now focused on drafting a trade deal that could be signed by the APEC meeting in mid-November, and in that regard no news remains good news.

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