As August winds down the S&P 500 is up 10% this year. But gold, is up about 12% in 2017 to nearly $1,330 an ounce, putting it on track for the best performance since 2010. It has been a great year for emerging markets, as the MSCI Emerging Markets Index is up more than 25%, more than double the 10% gain for the S&P 500. This shows why portfolio diversification is important. (CNN)
The hazelnut crop in Oregon is predicted to produce 36,000 tons of hazelnuts this year, down 18% from 2016. There are less nuts per tree, and the nuts were smaller than usual. Most of the decline has been to blight. Oregon produces 99% of the U.S. hazelnut crop, but only about 5% of the world crop, according to the Oregon Hazelnut Industry Office. (Oregon Live)
Do you still have to tip? Ford and Domino's are doing research trial that will see Ford cars equipped with self-driving technology deliver pizzas, as a way of figuring out how everyday people will react to, and interact with, autonomous service vehicles in the future. (TechCrunch)
Small-business hiring showed a slowdown for the sixth consecutive month in August says a report from Paychex.
Small-business wages continue to rise, reaching a 3%, or 76 cents, annual growth rate in August.
With Northwest Quadrant Wealth Management, a Registered Investment Advisor I am Troy Reinhart.