KIO - Our Weekly Commentary: October 7 2018
Author's note: This is our weekly commentary that goes out every Sunday evening to our members. We are posting it publicly this one time only. It is setup with a macro 'week in review' as well as a closed-end fund segment. We also have some additional analysis near the end on various topics.
This week was one that can be characterized by a return of the bond vigilantes. The Dow Jones index remained unchanged but the S&P 500 fell by about 0.80%. The Nasdaq was one of the big losers falling over 3% as tech