Higher Bond Yield Have Been Creating Uncertainty for Markets – GPS Wealth Monthly Market Update

Virtuous Wealth presents the October GPS Wealth Monthly Market Update. These updates from our licensee group assist us with strategies and give context to investment decisions.

In the October update:

  • Consumer spending remains deeply pessimistic as a result of the rate hike
  • In China, fiscal and monetary responses to its sluggish economic growth have been modest, but the economy is reaching a plateau rather than spiralling downwards

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