Financial News for the Week of May 26, 2017

HIGHLIGHTS OF THE WEEK Despite the upward revision to first-quarter GDP growth, with the second estimate indicating a 1.2% annualized gain on stronger consumption and investment, market reaction was relatively subdued given that the overall story is largely unchanged. Although investo
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Financial News for the Week of May 19, 2017

HIGHLIGHTS OF THE WEEK Investors perceived this week’s political developments in the U.S. as likely to delay the implementation of pro-growth policies. As a result, they risk assets sold off midweek in favor of gold and treasuries. Risk appetite appeared to make a comeback toward the
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Financial News for the Week of May 12, 2017

HIGHLIGHTS OF THE WEEK Markets started the week off on a good note on French presidential election results and fairly constructive earnings and economic data. The S&P 500 flirted with record highs, and the VIX fell to its lowest level in more than two decades. Sentiment soured lat
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Financial News for the Week of May 5, 2017

HIGHLIGHTS OF THE WEEK The past week was action packed with economic data and events in Washington. Data largely supported the view that the U.S. economy will bounce back from its winter weakness. The job market sprang back into action in April, enabling investors to heave a sigh of r
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