Last Friday’s data showed that a inflation by USA better than expected, 3.9% annualized, together with the agreement reached in 2011 Senate on Saturday to raise the debt ceiling are currently not having the expected recovery effect, although as the day progresses we will have to wait to see possible trend changes.
Wall Street On Friday, a month of September ended with losses, mainly caused by the fear of the closure of the Government and the unrelenting concern about inflation: it was the worst month of the year for the S&P 500 index and for the technology index Nasdaq, with a decrease of 4.9% and 5.8% respectively. He Dow Jones of Industriales lost 3.5%.
For its part, the price of Petroleum Brent reference for Colombia rose 0.66% to USD92.81, while crude oil WTI rose 0.48% to USD91.23.
Source: El heraldo
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
