Good morning. Similar to the volatility observed in April, market uncertainty increased in October amid renewed concerns over a potential flare-up in the U.S.–China trade war. Lynn Martin, president of the New York Stock Exchange (NYSE) Group, offered some advice for business leaders.
“Stay calm, invest for the long term,” Martin said during our discussion at the Fortune Most Powerful Women Summit in Washington, D.C., this week. “Keep doing the things you’re doing to drive business,” she told the audience. “Our economy is super strong. The fundamentals are good. The banks are doing well. There’s a vibrancy associated with the dealmaking environment.” Big banks reported strong earnings this week.
