Financial News for the Week of March 23, 2018

HIGHLIGHTS OF THE WEEK Markets have swung from euphoria over tax cuts, to the protectionism pits, as the White House announced imminent tariffs on up to $50 billion in Chinese imports. China has also announced modest retaliatory measures It remains to be seen what kind of actions will
Continue Reading →

Financial News for the Week of March 16, 2018

HIGHLIGHTS OF THE WEEK Our outlook for the U.S. economy through 2019 got revised up this week, as additional fiscal stimulus helps boost the outlook for domestic demand growth. The inflation reading for February remains consistent with the view that price pressures are gradually build
Continue Reading →

Financial News for the Week of March 9, 2018

HIGHLIGHTS OF THE WEEK President Trump announced tariffs on steel and aluminium imports to take effect in 15 days. The scope is narrower than initially announced. Mexico and Canada are exempt, and more allies may be excluded once the levies take effect. The American economy continues
Continue Reading →

Financial News for the Week of March 2, 2018

HIGHLIGHTS OF THE WEEK Markets sold off sharply this week, following a somewhat hawkish assessment of the U.S. economy from the Fed’s new chair Jerome Powell and the announcement of steep tariffs on steel and alumimium imports by Donald Trump. Despite the market reaction to Powell’s c
Continue Reading →