Month: February 2018

Financial News for the Week of February 23, 2018

FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Last A holiday-shortened trading week light in economic data left markets to focus on communications from the Federal Reserve. U.S. existing home sales slumped in January, beleaguered by low inventories and…


Financial News for the Week of February 16, 2018

FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Last week’s market sell-off came to a halt this week. U.S. equities staged a decent recovery, looking past January reports that pointed to higher-than-expected inflation and worse-than-expected retail sales.…


Financial News for the Week of February 9, 2018

HIGHLIGHTS OF THE WEEK Major U.S. stock indices entered correction territory on Thursday but remain elevated relative to where they were a year ago. The sell-off was spurred by fears of higher interest rates, as the 10-year government bond yield…


Financial News for the Week of February 2, 2018

HIGHLIGHTS OF THE WEEK Another week, another sell-off in the bond market. As of the time of writing the U.S. 10-year yield stood at over 2.8%, up more than 10 basis points from the end of last week. U.S. payrolls expanded by 200k in January while…