In this month’s recap: equities rise with a little help from the Fed, oil dives, and most key domestic indicators look quite strong.
THE MONTH IN BRIEF
Presented by KeyStone Team, December 2018
For most of November, the stock market was plagued by the same skepticism evident in October: the sense that corporate profits were declining and economic growth was slowing. Then Federal Reserve chairman Jerome Powell threw investors a line: he delivered a speech late in the month that soothed some of the considerable anxiety in the equity markets.