Corion Report - Interest rate bump, shares fall on risky US candidate
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Corion’s David Bacher shares his team’s monthly report-back on investment market performance, reflecting on a soggy October when a good start deteriorated into a poor ending. US inflation edged higher, causing an unexpected bump in interest rates and weaker share prices worldwide. Bacher explains that investors worry that no matter which presidential candidate wins, the American State’s profligacy will worsen, bringing fresh pressure onto the country’s finances.