Hugh Hewitt


Hugh Hewitt

3:00am - 5:00am

Business News

Retail sales reverse two-month slide. Retail sales rose 0.8% in October. The U.S. consumer is the healthiest in years, aided by fiscal stimulus and modestly accelerating wages, and strong consumer demand will drive output going forward. (LPL)


Tensions are heating up over U.K. Prime Minister Theresa May's proposed plan for the country's exit from the European Union. European stocks have dropped 1% over the past two days, and global equities could endure volatility amid Brexit-related headlines. (LPL)


Trade and auto disruptions weighed on the German economy. The German economy contracted during Q3 as gross domestic product (GDP) shrunk by 0.2%. Weak auto sales were largely to blame. (LPL)


Japan's economy was dragged down by temporary factors, as GDP slipped 1.2% during Q3. Weather disruptions were mostly to blame, including an earthquake, typhoons, and torrential rain. (LPL)


Levi Strauss plans IPO that values company at up to $5 billion. The 145-year-old American icon is looking to raise between $600 million and $800 million. (CNBC)


The S&P 500 is down 15 and the NASDAQ is down 64. MSCI International index is lower.

Oil is up 97 cents at $57.41 a barrel.

Gold is up $2 at $1217 a Troy ounce.


With Northwest Quadrant Wealth Management, a Registered Investment Advisor I am Troy Reinhart.          

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  • Hwy 20, Santiam Pass, 1-mile East of Suttle Lake to ORE 22 junction, up to 20 min DELAYS, Paving and Striping. 9am-5pm through 10/17
  • NE 3rd Street between NE Greenwood Avenue and NE Franklin Avenue for Citywide Pedestrian Safety Improvements, periodic lane closures with local access, 9/16/19 - 10/25/19, night work from 10 p.m. - 10 a.m.
  • 61st St CLOSED between Young Ave & Canal Blvd as part of the “Six Corners” Improvement (through 11/8)
  • SE 3rd between Hwy 97 and Murphy Road CLOSED 8pm – 5am (8/25-10/18)