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Stocks made fresh records yesterday before closing little changed as investors digested mixed signals around U.S.-China trade talks.
 
Home builders are still quite optimistic about what the future holds for the housing market.  The National Association of Home Builders’ monthly confidence index dipped one point to 70 in November.  The previous month’s figure had represented a 20-month high.  Despite the monthly decrease, index readings over 50 are a sign that confidence is improving.

 

Ford is unveiling its first all-electric SUV, marking the start of an avalanche of battery-powered vehicles coming from mainstream and luxury automakers during the next two years that industry analysts say will boost electric-vehicle sales.  The “Mustang Mach E,” which will go 230 miles to more 300 miles per charge depending on how it’s equipped, will be unveiled Sunday night ahead of the Los Angeles Auto Show press days.

 

According to University of Oregon economics professor Tim Duy the Oregon economy is slowing even though our unemployment rate remains low at 4.1%.  The weakening in Oregon’s economy has mostly come from the manufacturing sector attributed slower global growth.  Duy said he doesn’t see the signals that a recession is imminent.
 
With Northwest Quadrant Wealth Management, I'm Tyler Simones.

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